AsiaContracts and TendersEurope

Hyundai Samho awards LNG tank job to GTT

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

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

LNG as Fuel

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.
Contracts and Tenders

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.
LNG Terminals

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

More News Like This

Research and Development

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.
LNG as Fuel

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.
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.
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.

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