Gaztransport and Technigaz (GTT), the French engineering and technology company specializing in the design of membrane containment systems for shipping, said its main business activity was at an all-time high for conventional LNG carriers amid growing orders also from the fuel and bunkering sector.

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French energy company Total said one of its subsidiaries and Japanese shipping operator Mitsui OSK Lines (MOL) have signed a long-term charter contract for a large LNG bunkering vessel to operate in Northwest European ports.

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Mitsui OSK Lines President and Chief Executive Junichiro Ikeda said the Japanese shipping group, with a liquefied natural gas fleet operation of 70 vessels, had made bold decisions on LNG and other sectors and looked forward to long-term growth and steady earnings.

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Japanese conglomerate Mitsui and Russian natural gas and LNG supplier Gazprom have signed a framework agreement for cooperation on small-scale and mid-scale LNG projects.

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