Hyundai Samho awards LNG tank job to GTT

South Korea’s Hyundai Samho Heavy Industries has contracted Paris-based GTT to design tanks for two new LNG carriers.

GTT said in a statement it won the order in July.

Both of the 174,000-cbm LNG tankers will feature the Mark III Flex membrane containment system.

According to GTT, Hyundai Samho would deliver the ships to an unnamed European owner in the first quarter of 2024.

The LNG containment specialist did not provide any additional information.

This order is probably related to a stock exchange filing by Hyundai Samho’s parent Korea Shipbuilding & Offshore Engineering revealed in July.

KSOE said then Hyundai Samho would build two LNG carriers for a European company for 462.7 billion won ($401 million) and deliver them by the end of March 2024. KSOE also did not disclose the name of the owner.

VesselsValue data shows that Norway’s Knutsen and Russia’s Sovcomflot are the only firms that have 174,000-cbm LNG carriers on order at Hyundai Samho for delivery in 2024.

Most Popular

BGN delivers its first LNG cargo to Germany, secures Egypt deal

Switzerland-based energy trader BGN has completed its first LNG delivery to Germany, while simultaneously securing a deal to supply Egypt with LNG.

Samsung Heavy wins contract for Eni’s Coral Norte FLNG

South Korean shipbuilder Samsung Heavy has secured a preliminary contract for Eni's second FLNG project in Mozambique, Coral Norte (Coral North), according to shipbuilding sources.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

More News Like This

GTT, partners to develop new LNG carrier

French LNG containment giant GTT has signed a joint development project with seven firms to develop a 200,000-cbm LNG carrier.

GTT clinches tank gig for Capital’s LNG-powered containerships

French LNG containment giant GTT has secured a tank design order for six Capital's LNG-fueled container vessels.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

HD Hyundai Samho scores contract to build LNG carrier quartet

South Korea’s HD Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.03 billion.