GTT gets LR OK for Mark III’s ammonia-ready notation

French LNG containment giant GTT has secured approval from classification society Lloyd’s Register for the ammonia-ready notation of its Mark III containment system.

GTT said on Wednesday that the approval in principle is for the NH₃-ready notation of its Mark III containment system on LNG-fueled vessels and, more widely, for the tanks of LNG carriers, ethane carriers, and bunkering vessels.

“This innovation enhances the flexibility of LNG-powered vessels, enabling them to adopt or transport a lower-carbon energy alternative over their lifecycle,” GTT said.

“While the use of ammonia as fuel is still to be proven, this approval brings us a step closer to enabling multi-gas conversion on vessels fitted with GTT technologies,” David Colson, commercial VP of GTT, said.

GTT received orders for 72 LNG carriers in 2024, while its revenues rose 50 percent to 641.4 million euros ($711 million) compared to 2023.

As of December 31, 2024, GTT’s order book, excluding LNG as fuel, stood at 332 units.

This includes 306 LNG carriers, 16 ethane carriers, three FSRUs, two FLNGs, and five onshore storage tanks.

The order book for LNG fuel stood at 50 units, all containerships.

Most Popular

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.

Jera boosts Wheatstone LNG stake

Japan’s power firm and LNG trader, Jera, has strengthened its indirect stake in the Chevron-operated Wheatstone LNG project in Australia by acquiring additional shares.

Taiwan’s CPC makes progress with Alaska LNG deal

Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.

More News Like This

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.

GasEntec secures LR approval for FSRU

South Korea-based LNG technology and assets firm GasEntec has secured approval in principle from classification society Lloyd’s Register (LR) for what it says is one of the industry's highest-capacity FSRU concepts.

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.

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.