AsiaContracts and TendersEurope

Hyundai Samho awards another LNG tank job to GTT

By LNG Prime Staff
Hyundai Samho awards another LNG tank job to GTT
For illustration only (Image: GTT)

South Korea’s Hyundai Samho Heavy Industries has contracted France’s GTT to design tanks for another LNG carrier.

According to a statement on Thursday, GTT will provide design and associated engineering services for the tanks of one 174,000-cbm LNG carrier. The firm secured the order in April.

Also, GTT said the vessel would feature its Mark III Flex membrane containment system.

HSHI is expected to deliver the vessel in the fourth quarter of 2025 to an European owner.

GTT did not provide any additional information.

This order is almost identical to the one GTT revealed on May 11. The only difference is that in the prior order GTT said that HSHI would build the vessel for an Asian owner.

HSHI’s parent KSOE announced two orders for single LNG carriers in April.

The announcement on April 26 is tied to Japan’s NYK and its French joint venture with Geogas. This vessel will go on charter to EDF.

As per KSOE’s announcement on April 21, this contract is tied to Norway’s Knutsen and could be related to this GTT’s newest announcement.

Most Popular

Contracts and Tenders

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
LNG Terminals

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.
Vessels

MISC orders five more LNG carriers in China

Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.

More News Like This

Research and Development

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.
Vessels

NYK’s LNG carrier named in South Korea

South Korea’s Hyundai Samho hosted a naming ceremony for a new liquefied natural gas (LNG) carrier owned by Japan's NYK and chartered by Mitsubishi’s unit Diamond Global Energy.
Vessels

LR: 200,000 cbm LNG carriers could deliver $85.5 million benefit to owners

Classification society Lloyd’s Register (LR) has identified 200,000 cbm LNG carriers as a "credible next step" for global LNG fleet renewal, with a potential owner benefit of approximately $85.5 million over 30 years.
Vessels

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.