GTT clinches new LNG tank gig from Samsung Heavy

French LNG containment giant GTT has secured another order from South Korean shipbuilder Samsung Heavy Industries.

Under the new contract, GTT will design the tanks of two 174,000-cbm LNG carriers scheduled for delivery in the last quarter of 2024 and the first quarter of 2026, according to a statement.

The tanks will be fitted with GTT’s Mark III Flex membrane containment system.

GTT said that SHI is building the vessels for an European shipowner, but it did not reveal more details regarding the contract.

This order could be related to an announcement in May where SHI revealed an order for two LNG carriers with an Oceania-based owner worth about $462 million.

SHI will hand over these very expensive carriers by March 2026.

Sources and brokers said that Greece’s TMS Cardiff Gas had placed this order on the back of a charter with Malaysia’s Petronas.

Most Popular

US approves financing for Mozambique LNG

The Export-Import Bank of the United States has approved financing for the TotalEnergies-led Mozambique LNG project.

Shell’s LNG bunkering volumes jump in 2024

Shell delivered 1.1 million tonnes of marine liquefied natural gas (LNG), hitting a new record and more than doubling the amount delivered in 2023.

Capital sells LNG carrier for scrap

Greece's Capital Gas has sold one steam liquefied natural gas (LNG) carrier for scrap, according to brokers.

More News Like This

GTT inks onshore LNG tank pact with China’s BPE

French LNG containment GTT and China's Beijing Petrochemical Engineering (BPE) have signed a deal to cooperate on onshore membrane LNG tanks.

GTT nets new LNG tank gig

France's GTT has secured a new tank design order for two 170,000-cbm liquefied natural gas (LNG) carriers.

Wan Hai Lines to switch methanol containership order to LNG fuel

Taiwan's Wan Hai Lines is working on switching an order placed in South Korea last year for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources.

Samsung Heavy launches Petronas’ third FLNG

South Korea’s Samsung Heavy Industries has launched the hull of the third floating LNG production unit being built for Malaysian energy giant Petronas.