GTT Bags Order for Three LNG Carriers, One Bunkering Vessel
GTT announces it has received several orders, since the beginning of the year, for the equipment of three LNG Carriers (LNGCs) and one bunkering vessel. The three LNGCs, offering capacities ranging from 174,000 to 180,000 m3, will be built at Samsung Heavy Industries (SHI) and Hyundai Samho Heavy Industries (HSHI)’s. They will be fitted with the membrane containment system Mark III Flex. Their deliveries are expected for 2020. In addition, the latest evolution of the Mark III system…
Matrix PDM Signs Licensing Deal with GTT
GTT's Houston-based US subsidiary, GTT North America (GTT NA), has signed a license agreement with the American engineering company Matrix PDM Engineering. The agreement was signed at the Matrix Service Company headquarters in Tulsa, OK, in the presence of John Hewitt – Matrix Service Company CEO, Joe Montalbano – Matrix Service Company COO and Matrix PDM Engineering President; and Aziz Bamik – General Manager, GTT NA. The license grants Matrix PDM Engineering the right to implement GTT’s patents to construct onshore storage tanks for LNG (liquefied natural gas)…
Gabadi is First Outfitter Licensed by GTT
On the occasion of SMM in Hamburg, Gaztransport & Technigaz (GTT) and Gabadi S.L. have signed a Technical Assistance and License Agreement (TALA), making Gabadi the first outfitter licensed by GTT. Gabadi received its outfitter's approval after successfully completing the qualification process including dedicated training of its employees by GTT and after having demonstrated their ability to build modules of all type of GTT membrane containment systems. The Spanish outfitter will work on the construction of new ships, especially for small LNG carriers and LNG bunkering projects. Gabadi and GTT will offer turnkey solutions on membrane type Liquid Gas Containment System to shipyards and ship-owners, guaranteeing high quality work and rapid construction.
Hellman & Friedman Sells Out of GTT
Gaztransport & Technigaz S.A. (GTT) announces that H&F Luxembourg 1 S.à.r.l., an affiliate of Hellman & Friedman, has completed the sale of its remaining holding in the share capital of GTT in a private placement to institutional investors. Hellman & Friedman acquired its stake in GTT in 2008 and became a shareholder alongside Total S.A. and GDF Suez S.A. In February 2014, GTT completed its successful initial public offering (IPO), representing a market capitalization of EUR 1.7 billion. Patrick Healy, Managing Director and Deputy CEO of Hellman & Friedman said, "The sale of our remaining stake in GTT brings a conclusion to H&F's partnership with GTT starting with our investment in 2008 and the highly successful IPO in February 2014.
GTT, Conrad Shipyard Ink Deal for LNG Barges and Bunker Tanks
Gaztransport & Technigaz (GTT) announced that its U.S. subsidiary, GTT North America, has signed a Technical Assistance and License Agreement (TALA) with U.S. shipbuilder Conrad Shipyard for the design and construction of liquefied natural gas (LNG) barges and LNG-fueled vessel bunker tanks using GTT's membrane containment systems. Conrad Shipyard received its approval after completing the qualification process including dedicated training of its employees by GTT and the fabrication of a membrane tank model. According to GTT, the partnership between GTT and Conrad Shipyard will enable both companies to leverage each other's expertise…
New GTT Training Center Awards First Certificates
Gaztransport & Technigaz (GTT) announced that its new training center awarded certificates to the first group of delegates to complete a LNG Cargo Operations (SIGTTO management Level) training course. The delegates who participated received training in the cargo operations typically conducted onboard LNG carries in a course which is approved by DNV GL as complying with the SIGTTO (Society of International Gas Tanker and Terminal Operators), suggested competence standard. Located in the grounds of GTT’s headquarters in Saint Rémy Lès Chevreuse near Paris…
DNV GL Approves GTT Membrane LNG Bunker Barge
Houston-based GTT North America (GTT NA), U.S. subsidiary of French engineering and technology company GTT (Gaztransport & Technigaz SA), has received an Approval in Principle from DNV GL for the design of a 2,200 cubic meter liquefied natural gas (LNG) bunker barge. The distinctive design incorporates GTT’s proven membrane Cargo Containment System (CCS), which is utilized in roughly 70% of the global LNG carrier fleet and nearly 90% of LNG carrier projects on order. “This Approval in Principle from DNV GL…
TOTE LNG Bunker Barge : Crew Training Program
GTT subsidiaries, GTT North America, Inc. and GTT Training Ltd, announce the award of the first contract of its kind for the development and implementation of a comprehensive LNG (Liquefied Natural Gas) training program for the 2,200 m3 LNG Bunker Barge currently under construction at Conrad Industries Shipyard in Orange, TX, following the order received by GTT North America from Conrad Industries in February 2015. The contract was executed with the barge's owner TOTE on April 6th, 2016, to initiate the program for training of the tug and LNG barge crew, which will ultimately be subject to U.S. Coast Guard approval. At present, there…
GTT Bags Order for FSRU from Hyundai Heavy
GTT (Gaztransport & Technigaz), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced that its Mark III Flex technology was selected for a new Floating Storage & Regasification Unit (FSRU), a stationary vessel capable of loading LNG from LNG carriers, with storage and re-gasification. This FSRU will be built by the Korean shipbuilder Hyundai Heavy Industries (HHI) and is expected to be delivered in 2017. GTT noted that all of the fourteen FSRUs ordered in the world since 2011 are or will be equipped with GTT technologies. As of March 31, 2015, GTT's order book included six FSRUs, of which three were ordered last year. In addition, six FSRUs equipped with GTT technologies were delivered in 2014.
Imabari to Build Two LNG Carriers for Elcano
Gaztransport & Technigaz (GTT) announced the notification of two Liquefied Natural Gas Carriers (LNGC) to be built by Japanese shipbuilder Imabari. These large vessels will be equipped with Mark III Flex containment system pioneered by GTT and also includes a new MEGI propulsion system. GTT, a designer of membrane containment systems for the maritime transportation and storage of LNG, and Imabari, a shipbuilder based in Japan, announce the signing of an agreement for the design and construction of two LNG carriers using GTT’s containment system for delivery in 2017. The vessels will be operated by Elcano, a Spanish shipowner with a long history of operating GTT-designed LNG carriers. gtt.fr
DSME Orders GTT Membranes for 2 LNGCs
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), received an order for two Liquefied Natural Gas Carriers (LNGCs) to be built by the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). GTT said the order adds to what it called an already strong third quarter 2014 order book. The vessels, be operated by BW Group, a Norwegian owner with a long history of operating GTT-designed LNG carriers, are expected to be delivered between 2017 and 2018.
GTT Bags Samsung Heavy Order for FSRU
GTT, leading engineering company in containment systems for the shipping and storage in cryogenic conditions of LNG (liquefied natural gas) announces a new order from South Korean shipyard Samsung Heavy Industries (SHI) regarding a Floating Storage and Regasification Unit (FSRU). GTT will design the LNG integrated tanks. Its delivery is scheduled in late 2020. This contract is the sixth FSRU order obtained by GTT this year. GTT has already managed the new build of over 40 LNGC and FSRU.
ABS Approves GTTNA’s LNG Bunker Barge Design
Houston-based GTT North America (GTTNA), U.S. subsidiary of French engineering and technology company Gaztransport & Technigaz SA (GTT), has received approval in principle (AIP) from ABS for the design of a 2,200 cubic meter liquefied natural gas (LNG) bunker barge. The distinctive design incorporates GTT’s proven membrane Cargo Containment System (CCS), which is utilized in 70% of the global LNG carrier fleet and nearly 90% of LNG carrier projects on order. Leveraging over five decades of LNG storage and maritime transportation experience…
GTT, Endel Team-up to Roll-out Membrane Containment Systems
21 June 2016. GTT and the Endel company1 reaffirmed their collaboration in the area of LNG as a marine fuel, following the recent signature of a Technical Assistance and License Agreement (TALA) for the construction of GTT membrane containment systems. In the framework of this agreement, Endel created a mock-up of a Mark III type GTT membrane system. This partnership reinforces GTT's and Endel's product offering, and benefits clients wishing to equip their vessels with LNG membrane tanks adapted to all types of vessels, such as liners, container vessels, bulk carriers, and RO/RO vessels.
Reliance Inaugurates New Ethane Carriers
In a ceremony held in Geoje (South Korea), Indian's largest private sector company Reliance Industries Limited (Reliance) inaugurated its very first two VLEC (Very Large Ethane Carrier), in the presence of the shipyard Samsung Heavy Industries (SHI) and other key partners of the project. These vessels, Ethane Crystal and Ethane Emerald, are the world's first ethane carriers to feature GTT's membrane technology. They are the first of a series of six vessels, ordered by Reliance in 2014, which will be fitted with GTT's membrane containment systems.
Wison Inks LNG Tie-up with GTT
China’s Wison Offshore & Marine has signed a strategic cooperation agreement with GTT, a provider of design and engineering of containment systems for maritime transportation and storage of LNG. Pursuant to the agreement, both parties will conduct a cooperation work on various LNG projects, such as LNG Carrier, LNG FSRU (Floating Storage Regasification Units), FLNG (Floating LNG unit) or other LNG floating unit with GTT membrane tanks. The cooperation with GTT will help to strengthen Wison’s position in offering clients floating LNG products in full range of capacities.
DSME Taps GTT to Equip Maran’s New LNG Carriers
GTT said it has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) to equip two new LNG carriers scheduled for delivery in 2019. The vessels will be built at DSME's shipyard in Geoje, Korea, on behalf of Maran Gas Maritime, a Greek management company, and will be equipped with GTT's NO96 cryogenic membrane containment system. “This order reinforces our long-standing relationship with DSME who has already received 147 ship orders with the NO96 technology,” said Philippe Berterottière, Chairman and Chief Executive Officer of GTT. “With a fleet of 20 vessels, entirely equipped with membrane solutions, Maran Gas Maritime is a major player of the maritime industry. Globally there are 143 vessels equipped with the NO96, and 59 more are on order.
GTT to Design LNG Tanks for New FSRU/LNG Carriers
GTT has won a contract to design the liquefied natural gas (LNG) tanks for two dual purpose vessels capable of operating as efficient LNG carriers and floating storage and regasification units (FSRUs) that are presently on order at Hudong-Zhonghua Shipbuilding (Group) Corp. These vessels will be built at Shanghai, China, for the owner Dynagas, with scheduled delivery in 2021. GTT said it will design the LNG tanks of both units, each representing a capacity of 174,000 m3.The membrane cryogenic containment system NO96 GW, with glass wool insulation, will be used for the LNG storage on board. According to GTT, there are currently 14 vessels in operation and 42 on order that use this technology.
GTT Records First Bunkering Order
GTT technology has been chosen by STX France to equip PEGASIS, the new environmental vessel ordered by Brittany Ferries. GTT membrane technology has been selected by STX France to fit out PEGASIS (Power Efficient GAS Innovative Ship), the new environmental ferry propelled with LNG (Liquefied Natural Gas), ordered by Brittany Ferries. This innovative vessel will use GTT Mark III insulation system and will be built in Saint-Nazaire, in France. It should be delivered by the end of 2016. In addition, GTT has also been selected to design the tanks of three other Brittany Ferries ships to be converted to LNG propulsion. This order has arrived within the context of new European regulations…
GTT Receives Order for FSRU
GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has announced a new order for a Floating Storage & Regasification Unit (FSRU) from the Korean shipbuilder Hyundai Heavy Industries (HHI). This new FSRU, addressed to Höegh LNG, will be equipped with Mark III technology and is expected to be delivered in 2018. According to GTT, its technologies’ competitive advantages including CAPEX/OPEX and optimization of LNG storage capacity have allowed the company to gain a strong position in offshore segment. All of the FSRUs ordered in the world since 2011 are or will be equipped with GTT technologies, the company said. As of today, GTT's order book includes eight FSRUs.
GTT Receives 3rd FSRU Order of 2015
GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced it has won a new order for a floating storage and regasification unit (FSRU) from the Korean shipbuilder Samsung Heavy Industries. This new FSRU will be equipped with Mark III technology and is expected to be delivered in 2017. With this new unit, GTT has recorded its third order of the year for a FSRU, following two orders from another Korean shipbuilder, Hyundai Heavy Industries, in June. GTT's order book now includes eight of these units, one having been delivered in August. Philippe Berterottière, Chairman and CEO of GTT commented, “We are very satisfied of this new success which confirms that GTT's technologies perfectly fit to this market.
GTT Grants License to India's CSL
GTT grants a License Agreement to Cochin Shipyard Ltd. GTT (Gaztransport & Technigaz) announced it has granted a License Agreement to Cochin Shipyard Ltd. (CSL) for the construction of LNG carriers using GTT's membrane containment systems. CSL, the first Indian shipyard to be licensed by GTT, received this license after completing the GTT qualification process including membrane tank mock-up installation. Commodore K Subramaniam, Chairman and Managing Director of CSL, declared, "Obtaining this technology has made a significant positive change to the technical competence and stature of this yard. Going forward, we feel that this technology would help the yard to tap the huge shipbuilding prospects in the LNG vessel segment.
GTT Receives Order for Two LNG Carrier Newbuilds
GTT has received an order from Hyundai Heavy Industries (HHI) for two new liquefied natural gas carriers (LNGCs) to be built at HHI’s shipyard in Ulsan for SK Shipping, a Korean shipowner. Delivery is scheduled in 2019. The vessels, designed according to the new IGC standards published in 2016, will be equipped with GTT's Mark III Flex membrane technology. Mark III Flex is particularly well-suited for the highly efficient XDF propulsion system installed on SK Shipping's LNG carriers, as the technology offers a high level of insulation performance. “GTT is very pleased to continue our collaboration with HHI. This new contract demonstrates HHI's confidence in GTT technologies which already equip some fifty LNG carriers in service built by the shipyard…