GTT secures LNG tank job from Hyundai Samho

French LNG containment giant GTT has won a new contract from South Korean shipbuilder Hyundai Samho Heavy Industries.

Under the new order, GTT will design the tanks for one 174,000-cbm LNG tanker.

Moreover, the newbuild would feature GTT’s Mark III Flex membrane containment system, according to the French firm.

GTT said Hyundai Samho would deliver the vessel to a European owner in the fourth quarter of 2023. The firm did not reveal any additional information.

Hyundai Samho’s parent firm Korea Shipbuilding & Offshore Engineering revealed this order in a stock exchange filing last week.

The deal has a price tag of about 215.5 billion won ($190 million).

KSOE also did not disclose any additional information.

Most Popular

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.

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.

Cheniere produces first LNG cargo at Corpus Christi expansion project

US LNG exporting giant Cheniere has produced the first cargo at the Corpus Christi Stage 3 expansion project in Texas.

More News Like This

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.

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.

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.

GTT seals cooperation deal with China’s CSLNG, CHI

French LNG containment giant GTT has signed a strategic cooperation deal with China's Cosco Shipping LNG Investment (Shanghai) and...