Deal signed between GTT and Conrad Shipyards

France’s GTT said that its US subsidiary, GTT North America, and Conrad Shipyard have signed a Technical Assistance and License Agreement.

The agreement will enable Conrad Shipyard to design and construct LNG barges and LNG-fueled vessel bunker tanks using GTT’s membrane containment systems, GTT said in a statement.

Conrad Shipyard received its approval after successfully completing the qualification process including dedicated training of its employees by GTT and the fabrication of a membrane tank model.

Both companies look to further develop the small and mid-scale LNG infrastructure in the US, the statement added.

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Press Release; Image: GTT