LNG

GTT Energy of has launched LNG Performance Centre, an integrated services platform designed to help LNG carrier owners, charterers and crews improve operational visibility, optimise voyages and protect cargo value. The platform is structured around three pillars: cargo management, voyage optimisation and containment system performance monitoring. The French technology company said, GTT containment technologies are installed on 86% of the LNG carrier fleet currently in operation worldwide.

Aug 25 – Korea Shipbuilding & Offshore Engineering (HD KSOE) has placed an order with GTT of France to design and build the cryogenic cargo tanks for two new LNG carriers. The two 174,000 cbm LNG carriers will be built at HD Hyundai Heavy Industries, using GTT’s Mark III Flex membrane containment system, with delivery of the two ships scheduled in first quarter of 2029.

French contractor GTT has received an order from Samsung Heavy Industries to design the cryogenic membrane tanks for Delfin FLNG 1, the first US floating liquefaction and export unit with a planned capacity of 4.4 mtpa. Targeting a 2029 start-up with an estimated capital cost of $2.3 billion, Delfin FLNG has long-term offtake agreements in place with Germany's SEFE, Switzerland-based Gunvor Group, and New York-based commodity trader Hartree Partners.

GTT has received an order from China Chengda Engineering Co. to design three very large onshore LNG storage tanks for PipeChina’s Yuedong LNG terminal in Jieyang, Guangdong province.

Global LNG fleet growth is lagging behind upcoming export capacity, although IMO data indicates that 2026 deliveries will mark a record year. Yet the 234 newbuild LNG carriers scheduled for 2026–2030 could fall short of transporting the 229 mtpa of new liquefaction capacity due online by 2030, particularly if vessel retirements accelerate. 

Gaztransport & Technigaz (GTT) of France has been hired by HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to design the tank for a new LNG carrier, built on behalf of Purus. Hyundai Samho Heavy Industries (HSHI) is assembling the vessel, due for delivery in Q4-2027.

Gaztransport and Technigaz (GTT), the French maritime LNG storage technology company, has received an order from its partner Dalian Shipbuilding Industry Company of China for the design of new storage tanks for two Chinese liquefied natural gas carriers.

GTT said that the latest orders were on behalf of Ocean Jade Investment.

Ocean Jade is a joint venture between Hong Kong shipowner Wah Kwong, Chinese leasing company CSSC (Hong Kong) Shipping and China Gas Holdings.

GTT will design the tanks of these two vessels, which will each offer a capacity of 175,000 cubic metres.

“The tanks will be fitted with the Mark III Flex membrane containment system developed by GTT,” said the Paris-based company.

The delivery of the vessels is scheduled between the first and the second quarters of 2028.

At the start of July 2024 GTT received another order from the China Merchants Heavy Industry shipyard in the eastern province of Jiangsu for the tank design of a new LNG carrier as its orders stack up.

GTT said the order was for the tank design of a new LNG carrier on behalf of Danish ship-owner Celsius with delivery scheduled for the third quarter of 2027.

Qatar expansion orders

At the end of June 2024, GTT received a second wave of orders from Hudong-Zhonghua Shipbuilding for sets of tanks for 10 more vessels as part of QatarEnergy’s “Hundred Ships Programme” to handle the deliveries from multiple expansion projects in the Arabian Gulf.

That GTT order for tanks fitted to 10 large LNG carriers brought to 18 the number of Qatari LNG vessels ordered from China with the new generation of storage tanks.

GTT said it would design the tanks for these 10 very large LNG carriers, which will each have five tanks with a total capacity of 271,000 cubic metres capacity.

The tanks will be fitted with the No. 96 Super-plus membrane containment system developed by GTT.

Delivery from GTT is scheduled between the first quarter of 2030 and the fourth quarter of 2031.

GTT earlier received orders in February 2024 for the designs of tanks for eight Qatari LNG carriers, also with five per ship and with total capacity of 271,000 cubic metres.

The eight-ship order was under a “strategic cooperation agreement” with China State Shipbuilding Corp., the leading Chinese shipbuilding group.

Delivery of this batch is scheduled between the second quarter of 2028 and the fourth quarter of 2029.

The ship designs will have the same overall dimensions as the current largest Q-Max ships but with an increased cargo-carrying capacity.

French LNG storage tanks technology company GTT plans to invest in a Finnish maritime software firm specialising in the digitalisation of scheduling and chartering processes for bulk shipping.

Gaztransport and Technigaz (GTT), the French maritime LNG storage technology company, has received a second wave of orders from a Chinese shipyard for tanks for 10 more vessels as part of QatarEnergy’s “Hundred Ships Programme” to handle the deliveries from multiple expansion projects in the Arabian Gulf.

May 3 (LNGJ) - French maritime and onshore LNG technology company GTT has signed a licence agreement with the Chinese company PipeChina Innovation.

   GTT said that the two companies were committed to jointly pursue commercial onshore LNG storage projects in China using the French firm’s membrane containment technology. Sang Guangshi, General Manager of PipeChina Innovation, and Adnan Ezzarhouni, General Manager of GTT China, signed the agreement at GTT’s headquarters.