GTT receives two orders for the tank design of three new LNG Carriers

GTT receives two orders for the tank design of three new LNG Carriers

Paris – October 18^th, 2022. GTT announces that it has received, in the third quarter, two orders for the tank design of three new LNGCs¹.

The first LNG carrier will be built by the Chinese shipyard Jiangnan, on behalf of an international shipowner, and the two others by the Chinese shipyard Dalian Shipbuilding Industry Co, on behalf of the shipowner China Merchants Energy Shipping (CMES).

As part of this order, GTT will design the tanks of the vessel, which will offer a cargo capacity of 175,000m³ each and will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.

Delivery of the vessels is scheduled between the third and the fourth quarters of 2026.

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 48 45

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

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1 Liquefied Natural Gas Carrier

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• GTT receives two orders for the tank design of three new LNG Carriers