Offshore Energy · April 15, 2026 (1d ago) · 1 min read

Samsung Heavy Industries handpicks GTT for LNG vessel’s tank design

Analysis

OilCyprus Editorial

Samsung Heavy Industries has selected GTT for the tank design of a new LNG carrier. This continues the trend of collaboration between Korean shipbuilders and GTT for LNG containment systems, crucial for the expanding LNG shipping market.

Key Facts

Samsung Heavy Industries (SHI) awarded GTT a contract for LNG tank design.
The contract is for a single LNG carrier.
GTT is a French company specializing in membrane containment systems for LNG carriers.

Market Impact

This award reinforces GTT's position as a leading provider of LNG containment technology and highlights the ongoing demand for LNG carriers. It also signals continued activity in the shipbuilding sector, particularly in South Korea, which is a major hub for LNG carrier construction. The continued investment in LNG infrastructure supports the growth of the global LNG market.

Why This Matters for Cyprus

This partnership signifies the continued growth and investment in LNG infrastructure, a key component of the global energy transition and security.

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