AsiaContracts and TendersEurope

GTT nets another LNG tank contract from Samsung Heavy

By LNG Prime Staff
GTT nets another LNG tank contract from Samsung Heavy
For illustration only (image: Samsung Heavy Industries)

French LNG containment giant GTT said it has secured another order from South Korea’s Samsung Heavy Industries.

Under the new contract, GTT will design tanks of four new 174,000-cbm LNG carriers.

All of the vessels will feature GTT’s Mark III Flex membrane containment system.

GTT said in a statement Samsung Heavy would deliver the vessels to an unidentified Asian owner by the first quarter of 2024, but it did not provide any additional information.

The Korean yard revealed this order in a stock exchange filing on September 30.

Samsung Heavy said it would build the LNG carriers for 959.3 billion won ($809.2 million).

After that, Russia’s Sovcomflot and Japan’s NYK confirmed that they have ordered the four vessels which would serve Novatek’s Arctic LNG projects.

Besides GTT’s Mark III Flex cargo containment system, the 293 meters long ships will feature WinGD’s dual-fuel slow-speed diesel engines. They will also have a reliquefaction unit.

Most Popular

LNG Terminals

Venture Global gets FERC OK to boost Plaquemines LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to boost the capacity of its Plaquemines LNG terminal in Louisiana to 27.2 mtpa.
Vessels

Asyad Shipping sells LNG carrier

Oman's Asyad Shipping has sold a 2006-built steam liquefied natural gas (LNG) carrier, according to brokers.
LNG Terminals

First Rio Grande LNG tank taking shape

US LNG developer NextDecade continues to make progress on the first phase of its Rio Grande LNG export plant in Texas, including the first 180,000-cbm storage tank.

More News Like This

Vessels

GTT still expects more than 450 LNG carrier orders in next 10 years

French LNG containment giant GTT still expects more than 450 orders for large LNG carriers over the next ten years, according to GTT’s chief Philippe Berterottière.
Corporate

GTT secured orders for 72 LNG carriers in 2024

French LNG containment giant GTT received orders for 72 liquefied natural gas carriers in 2024, while its revenues rose 50 percent compared to 2023.
Vessels

Celsius welcomes new LNG carrier in its fleet

South Korea’s Samsung Heavy Industries has handed over another 180,000-cbm LNG carrier to Denmark’s Celsius Tankers, a unit of Celsius Shipping.
Corporate

GTT’s CEO Choimet resigns

Jean-Baptiste Choimet has resigned as GTT's chief executive officer just eight months after he took the top job at the French LNG containment giant.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA