GTT’s 2020 LNG carrier tank order tally climbs to 41

France’s GTT has secured four more tank design jobs for LNG carriers boosting the total order book for this year to 41.

The new order comes from Korean shipyards Hyundai Heavy Industries and Hyundai Samho Heavy Industries.

HHI will build two vessels on behalf of an Asian owner and one on behalf of a
European owner. Additionally, HSHI will build the last LNG carrier for a European firm, GTT said without providing more information.

Each of the 174,000 cbm vessels will feature GTT’s Mark III Flex membrane containment system.

Furthermore, the Korean yards will deliver the vessels during the third and fourth quarter of 2024.

The vessels in question are probably related to a recent announcement by Shell regarding the charter of four 174,000-cbm newbuild LNG carriers.

Shell Tankers signed the deals with Norway’s Knutsen, South Korea’s Pan Ocean Co., and investors advised by J.P. Morgan Asset Management.

Additionally, all of the vessels will feature dual-fuel X-DF engines, boil-off management plants, air lubrication systems, and shaft generators for auxiliary power.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

GTT CEO: LNG carrier replacement market poised for significant growth

Choimet officially took over as GTT CEO in June this year and has since then been on the road...

CMA CGM pens LoI for LNG-fueled containerships

LNG Prime recently reported that CMA CGM was planning a new order. Sources said on Tuesday that CMA CGM has...

NYK’s Gazocean adds new LNG carrier to its fleet

The newbuild LNG carrier in question is the 174,000-cbm, Elisa Ardea, according to a social media post by Gazocean. Gazocean...

GTT gets OK for three-tank LNG carrier design

LR announced the approval in principle for the LNG carrier design in a statement on Wednesday. According to the classification...