GTT Receives Order for Tank Design of Two LNG Carriers

GTT Receives Order for Tank Design of Two LNG Carriers

(IN BRIEF) GTT, a global leader in the design of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has received an order from Dalian Shipbuilding Industry & Co to design the tanks for two LNG carriers. These vessels, on behalf of CMES LNG Carrier Investment INC, will have a capacity of 175,000 m3 each and will be equipped with GTT’s Mark III Flex membrane containment system. The delivery of the ships is expected to take place between the fourth quarter of 2026 and the first quarter of 2027.

(PRESS RELEASE) PARIS, 12-Jul-2023 — /EuropaWire/ — GTT announces that it has received, in the second quarter of 2023, an order from its partner Dalian Shipbuilding Industry & Co for the tank design of two Liquefied Natural Gas Carriers on behalf of CMES LNG Carrier Investment INC.

GTT will design the tanks of these two vessels, which will each offer a capacity of 175,000 m3. The tanks will be fitted with the Mark III Flex membrane containment system, developed by GTT.

The delivery of the vessels is scheduled between the fourth quarter of 2026 and the first quarter of 2027.

About GTT

GTT is a technological expert in containment systems with cryogenic membranes used to transport and store liquefied gases. For over 50 years, GTT has been designing and providing cutting-edge technologies for a better energy performance, which combine operational efficiency and safety, to equip LNG carriers, floating terminals, land storage, and multi-gas carriers. GTT also develops systems dedicated to the use of LNG as fuel, as well as a full range of services, including digital services in the field of Smart Shipping. The Group is also active in hydrogen through its subsidiary Elogen, which designs and assembles electrolysers notably for the production of green hydrogen.

GTT is listed on Euronext Paris, Compartment A (ISIN FR0011726835 Euronext Paris: GTT) and is notably included in SBF 120, Stoxx Europe 600 and MSCI Small Cap indices.

For more information, visit www.gtt.fr.

Media Contact:

press@gtt.fr
+33 (0)1 30 23 20 43

Investor Relations contact:
information-financiere@gtt.fr
+ 33 (0)1 30 23 20 87

SOURCE: GTT