GTT and Keppel Singmarine Sign Technical Assistance / License Agreement

Gaztransport & Technigaz (GTT) and Keppel Singmarine have signed a Technical Assistance and License Agreement for the design and construction of LNG carriers using GTT’s membrane containment systems.

The partnership between GTT and Keppel Singmarine will enable both companies to leverage each other’s expertise and experience in LNG technology and specialized shipbuilding to cater to the world’s demand for optimised, innovative and high quality LNG carriers.

“GTT has a long standing and strong relationship with Keppel Offshore & Marine. Today, we have passed a new milestone and I am pleased to count Keppel Singmarine as a new GTT partner from the Keppel Offshore & Marine Group. This agreement will enable Keppel Singmarine to propose GTT solutions in the design and construction of LNG carriers and is a major landmark in the long and successful partnership of GTT with Singapore”, declared Mr. Berterottière, GTT Chairman and CEO.

Mr. Hoe Eng Hock, Managing Director of Keppel Singmarine, said, “We are pleased to enter into this win-win partnership with GTT which will allow us to incorporate GTT’s innovative solutions in designing and building of LNG carriers for the LNG market. With an established track record of delivering some 400 specialised vessels, we understand the need of the market for quality and safe solutions, and we are confident our partnership with GTT will help us meet this market requirement“.

Keppel Singmarine is capable of designing and building a wide spectrum of vessels, spanning from Anchor Handling Tug/Supply vessels, Multi-Purpose Offshore Support vessels and tugboats to highly advanced solutions such as icebreakers and ice-class support vessels.

With more than 70% of the world LNG carrier fleet equipped with membrane technologies, GTT systems have become the technology of choice for new LNG carrier orders and offshore applications.

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Press Release, January 16, 2014