GTT receives order for the tank design of a new 174,000 m3 LNG carrier (LNGC)

PARIS, 05-Sep-2018 — /EuropaWire/ — GTT has received a new order notification from a Korean shipyard for the tank design of a new 174,000 m3 LNG carrier (LNGC), to be built on behalf of a European ship-owner.

The LNG tanks of the vessel will be equipped with the proven Mark III Flex containment system developed by GTT. The vessel’s delivery is expected during the second half of 2020.

For confidentiality purposes, the names of the contracting parties of the project cannot be disclosed.

About GTT
GTT (Gaztransport & Technigaz) is an engineering company expert in containment systems with cryogenic membranes used to transport and store liquefied gas, in particular LNG (Liquefied Natural Gas). For over 50 years, GTT has been maintaining reliable relationships with all stakeholders of the gas industry (shipyards, shipowners, gas companies, terminal operators, classification societies). The company designs and provides technologies which combine operational efficiency and safety, to equip LNG carriers, floating terminals, and multi-gas carriers. GTT also develops solutions dedicated to land storage and to the use of LNG as fuel for the vessel propulsion, as well as a full range of services.

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

For more information, visit www.gtt.fr

Media contact:
press@gtt.fr / +33 (0)1 30 23 42 26 – +33 (0)1 30 23 48 04

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

SOURCE:  GTT