GTT receives new LNGC tank design order from Samsung Heavy
GTT receives new LNGC tank design order from Samsung Heavy - Offshore Energy
GTT receives new LNGC tank design order from Samsung Heavy
French LNG containment specialist GTT has secured a new order from its partner the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new liquefied natural gas carriers (LNGCs), on behalf of an Asian ship-owner.
GTT will design the tanks of the two vessels, which will each offer a total cargo capacity of 174,000 m3 and will be fitted with the Mark III Flex membrane containment system, developed by GTT.
According to GTT, the delivery of the two vessels is scheduled between the second and third quarters of 2026.
To note, GTT has secured several tank design orders from SHI this year.
Among others, it received an order for the tank design of a new floating liquefied natural gas (FLNG) unit as well as an order for the tank design of two new LNGCs.
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”