Gaztransport and Technigaz (GTT), the French LNG storage technology company, reported a slight drop in full-year revenues though the results were strong as orders also reached a record level with demand increasing for new vessels.

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Wednesday, 09 February 2022 09:38

Arctic LNG charter

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Feb 9 (LNGJ) - Mitsui OSK Lines of Japan has agreed to participate in cargo transport for the Arctic LNG II project being developed by Novatek of Russia and Japanese and Chinese partners as well as France’s TotalEnergies on the Gydan Peninsula in northern Siberia.

   MOL has signed a charter contract for a newbuild, ice-breaking LNG carrier with the Arctic LNG II project company. The vessel will be constructed at the Guangzhou Shipyard in China, a subsidiary of China State Shipbuilding Corp., and will be delivered in 2024. This contract follows the October 2020 signing of charter contracts for three ice-breaking LNG vessels to serve the same project.

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Qatar Petroleum is finalizing plans to reserve berths for orders of at least 60 LNG carriers from Asian shipyards to give the sector a boost as nations emerge over the next two months from the economic disruptions of the coronavirus.

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Gaztransport and Technigaz (GTT), the French technology firm for designs of systems for the maritime transportation and storage of liquefied natural gas, said it signed a technical and licensing agreement with Chinese shipbuilder Wison Offshore and Marine for a range of LNG vessels.

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