ABG Shipyard Ltd has tied up with Gaztransport and Technigaz (GTT) of France for the maritime transportation and storage of liquefied natural gas (LNG), reports Livemint.
With this pact, ABG has become the third Indian company to secure technology collaboration to build LNG carriers.
The Shipyard is preparing for a tender set to be issued by GAIL (India) Ltd for hiring nine new LNG ships that will haul gas from the US from December 2017.
“We have signed an agreement with GTT for technology transfer for building LNG ships,” a spokesman for ABG Shipyard said.
GTT, one of the world’s top designers of containment systems, which does not own a yard, licences its technologies to leading shipyards including the top three yards in South Korea for the construction of LNG carriers and land storage tanks.
Recently, Cochin Shipyard Ltd and Larsen & Toubro Shipbuilding Ltd tied up with Samsung Heavy Industries Co. Ltd and Hyundai Heavy Industries Co. Ltd, respectively for LNG ship construction technology.