LNG

Dec 19 (LNGJ) - French LNG tank technology firm GTT said it received an order from the South Korean shipyard, Hyundai Samho Heavy Industries, for the tank design for a newbuild. The vessel will offer a capacity of 174,000 cubic metres and will be fitted with GTT's Mark III Flex membrane containment system. “It will be built on behalf of an Asian ship-owner whose name remains confidential at this stage. The delivery will take place during the first quarter of 2022,” said GTT.

South Korea said the nation’s shipbuilders are maintaining their competitive edge over China and Japan in orders so far this year for high-value ships such as liquefied natural gas carriers and very large crude carriers as the merger of Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering remains on track.