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Wednesday, October 16, 2019

Maritime Logistics Professional

December 22, 2017

GTT Bags Korean Order for Three New LNG Carriers

Mark III  System's original design.  Image: GTT

Mark III System's original design. Image: GTT

 GTT has received an order from a South Korean shipyard regarding the design of the LNG tanks of 3 new LNG carriers. The deliveries are due in the first semester of 2020.

GTT will design the LNG tanks of the units, each having a capacity of 174,000 m3. The tanks will be equipped with the membrane containment system Mark III Flex, a sea-proven technology developed by GTT. 
This insulation system guarantees a Boil-Off Rate of 0.085%V/day. It has already been used to equip 48 vessels in service today.
GTT has recently announced they have signed a 5-year Master Service Agreement with Chevron Transport Corporation Ltd. under which GTT will support Chevron’s maintenance and operation of 10 LNGCs equipped with GTT’s Mark III and NO96 technologies.