GTT CEO says upswing in LNG charter rates and US shipments are helping whole industry
Gaztransport and Technigaz (GTT), the French LNG maritime storage tank firm, was meeting investors on December 12 to highlight the positive trends in the current market, reflected in the upswing in ship charter rates on the spot market, the rise in LNG imports and the benefits of competition provided by US shipments.
French LNG tanks firm GTT delays availability of its Mark V system over technical concerns
Gaztransport and Technigaz (GTT), the French LNG maritime storage technology company, said it had decided to re-validate some aspects of its Mark V tank system after the discovery of a technical concern.
GTT LNG storage order
June 23 (LNGJ) - GTT, the French LNG maritime storage technology company, said it received an order from Hyundai Heavy Industries of South Korea to equip a new LNG carrier with its Mark III Flex containment system. Hyundai's shipyard based in Ulsan will build the 180,000 cubic metres capacity vessel for the Norwegian shipping company Norspan LNG (Knutsen). Delivery is scheduled for 2019. The Knutsen fleet contains 10 large-scale LNG carriers in service and one on order. These LNG carriers are all equipped with GTT membrane containment systems. “It is the second order of this type this year with the HHI shipyard and the shipowner Knutsen,” said Philippe Berterottiere, Chairman and Chief Executive of GTT. “It highlights the excellent relationship we have with these two key players of the maritime industry,” added Berterottiere.
French LNG storage tank company GTT posts rise in profit as it taps into adjacent markets
Gaztransport and Technigaz (GTT), the French owner of liquefied natural gas maritime and other storage technologies, said first-half profit rose as it broadened its offerings in the growing LNG market.
