GTT Wins CWC LNG Technological Innovation Award
On the occasion of the World LNG Summit held in Paris on November 18-21, 2013, GTT was awarded the LNG Technological Innovation Award 2013 by CWC for its work on the development of its membrane containment systems to reduce the daily Boil-Off in LNG Carrier tanks.
The LNG Technological award rewards an active member of the LNG industry, a company that has made a positive commercial or technical contribution to the LNG production, transportation or regasification over the years through commercial innovation and creativity.
This award was presented to GTT in recognition of its improved membrane type containment systems for LNGC which have reduced significantly the amounts of daily cargo evaporation (Boil-Off) by up to 40%. This gives owners more flexibility by enabling them to reduce speed and divert deliveries without loss of cargo.