LNG carrier

Samsung Heavy turns to GTT for tank design of seven LNG carriers

Business Developments & Projects

South Korean shipyard Samsung Heavy Industries (SHI) has ordered the tank design for seven new LNG carriers from the French LNG containment specialist GTT.

Illustration; Archive; Courtesy of Samsung Heavy Industries

The order was placed on behalf of a Europan and an American ship owner.

For this project, GTT will design the tanks of seven vessels, which will offer a capacity of 174,000 cbm each.

The tanks will be fitted with the Mark III Flex membrane containment system developed by GTT.

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

In October this year, SHI also ordered the tank design of four LNG carriers at GTT on behalf of an Asian and an American ship owner.

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This year, the South Korean shipbuilder received contracts to construct 38 LNG carriers, or 73% of its total orders, which represents its largest yearly record for LNG vessel orders.

SHI said it scored $9.4 billion worth of orders so far this year, or 107% of its yearly order target of $8.8 billion.

Just recently, the company won a contract to construct one LNG carrier for KRW 331.3 billion ($250 million) for Danish ship owner Celsius Tankers.

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