GTT wins Zvezda order for five Arc7 LNG carriers

France’s GTT has secured an order from Russia’s Zvezda shipyard for the tank design of five ARC7 ice-breaking LNG carriers.

The LNG containment specialist said Zvezda awarded the deal at the end of June on behalf of a Russian shipowner.

This represents the first order following the technical assistance and license deal between the duo.

These 172,600-cbm vessels will be able to navigate in ice-covered waters and will serve Novatek’s projects in the Arctic, GTT said.

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

GTT added that delivery of the vessels is scheduled between the first and the fourth quarter of 2023.

The shipowner behind the order is Sovcomflot that formed a shipping venture with Novatek last year to focus on Arctic LNG carriers.

The Russian shipping giant also ordered a pilot LNG carrier for Novatek’s Arctic LNG 2 project at Zvezda earlier in 2019.

It inked financing deals with Russian financial institution VEB.RF Group for the LNG vessel.

Earlier this year, the Sovcomflot-Novatek venture also secured funds from VEB.RF for four additional Arc7 LNG carriers.

All of these vessels will serve Novatek’s Arctic LNG 2 project, but also Yamal LNG and other planned projects.

The Arctic 2 project located on the Gydan peninsula includes the construction of three LNG trains.

The trains will have a capacity of 6.6 mtpa, each, using gravity-based structure platforms.

Novatek recently said that the project is about 19 percent complete, with concrete casting of the first GBS platform about 37 percent complete.

The Russian company expects to launch the first LNG train in 2023, with trains 2 and 3 to follow in 2024 and 2026, respectively.

- Advertisements -

Most Popular

Spark: spot LNG shipping rates ease this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet declined this week as vessel availability increased,...

Pilot LNG, Seapath plan to build $150 million US bunkering facility

Houston-based Pilot LNG is joining forces with Libra Group's maritime unit Seapath to build what they say is the...

US weekly LNG exports down to 21 shipments

US liquefied natural gas (LNG) exports declined in the week ending September 27 compared to the week before, according...

More News Like This

Russia’s Novatek reaches Vysotsk LNG production milestone

Russian LNG exporter Novatek has reached a new production milestone at its medium-scale LNG plant in Russia’s Baltic Sea...

Beijing Gas gets commissioning cargo at Tianjin Nangang LNG terminal

China’s Beijing Gas has received the commissioning cargo for the first phase of its Tianjin Nangang LNG import terminal...

GTT nets Jiangnan order for two LNG carriers

France’s GTT said it will design the tanks of two LNG carriers being built at Chinese shipbuilder Jiangnan. According to...

Samsung Heavy develops high-speed welding robot for LNG carriers

South Korean shipbuilder Samsung Heavy Industries said it had developed a laser high-speed welding robot to speed up the...