LNG storage designs firm GTT to invest in Finnish firm specialising in the digitalisation of bulk shipping
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.
GTT tech investment
May 22 (LNGJ) - GTT, the French LNG storage technology company has under its investment fund, GTT Strategic Ventures, participated in a €4 million financing round to support the development of CryoCollect, a French engineering company specialized in gas-handling technologies for gas treatment, liquefaction and separation since being founded in 2017.
“Investing in CryoCollect aligns with GTT’s commitment to innovation and pioneering smart technologies,” said Philippe Berterottière, Chairman and Chief Executive of GTT. “We are thrilled with this investment, poised to accelerate CryoCollect’s developments in sustainable gas production, thereby expanding the availability of bioLNG and bioCO2,” Berterottière added.
