Hyundai Samho, EPS pick GTT tanks for LNG-powered containership trio

French LNG containment giant GTT has won a new contract from South Korea’s Hyundai Samho Heavy Industries for three LNG-powered containerships ordered by Idan Ofer’s Eastern Pacific Shipping.

These three new vessels, with a capacity of 7,700 containers, would each feature 6,000-cbm tanks, GTT said in a statement.

Also, the tanks will have GTT’s Mark III Flex membrane containment technology.

GTT added that HSHI would deliver the vessels to EPS during the second half of 2024.

“We are very pleased and proud that our partners Hyundai Samho Heavy Industries and Eastern Pacific Shipping are again choosing GTT technology, following an initial order for three vessels announced earlier this year,” Philippe Berterottière, chairman and CEO of GTT, said.

HSHI’s parent KSOE revealed this order in February saying that the shipbuilder would build the containerships for about $355 million. KSOE said HSHI would deliver the vessels to an unidentified Asian shipowner by December 2024.

Sources told LNG Prime that Singapore’s EPS and Israel’s ZIM were behind this order.

The duo signed a contract in January for three 7,900-teu containerships. This new deal was an option from that contract, the sources said.

Most Popular

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

More News Like This

Eastern Pacific Shipping wraps up 450th LNG bunkering op

Singapore’s Eastern Pacific Shipping has completed its 450th ship-to-ship LNG bunkering operation as the company’s fleet of LNG-powered vessels continues to expand.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

GTT clinches tank gig from Hanwha Ocean

French LNG containment giant GTT has secured a new tank design order from South Korean shipbuilder Hanwha Ocean during the third quarter.