GTT bags new LNG tank gig

France’s GTT has secured a new tank design order from South Korean shipbuilder Samsung Heavy Industries for one 174,000-cbm liquefied natural gas (LNG) carrier.

GTT announced in a statement that it secured the order in the first quarter of 2026.

The French firm said the vessels’ cryogenic tanks would be fitted with its Mark III Flex membrane containment system.

Delivery of the vessel is expected in 2029.

GTT said that an Asian shipowner had ordered the vessel from Samsung Heavy, but it did not provide further details.

Last month, Samsung Heavy announced that it would build one LNG carrier for an unidentified owner in Oceania for approximately $252 million.

London-based Purus Marine is tied to this new order.

In December last year, Purus placed an order for two LNG carriers at the shipbuilder worth $503 million.

GTT announced several LNG carrier orders since the beginning of this year.

Most recently, the company won an order from HD Korea Shipbuilding & Offshore Engineering for Sonangol’s LNG carrier.

According to GTT’s new chief executive Francois Michel, the company will revise its estimate of more than 450 orders for large LNG carriers over the next ten years due to increased demand for newbuilds.

He sees the number of LNG carriers “significantly upward versus 450.”

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