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Business Developments & Projects, Vessels
French energy major TotalEnergies, classification society Bureau Veritas (BV), LNG containment specialist GTT and ship designer LMG Marine have joined forces to develop a large-scale liquid hydrogen (LH2) carrier.
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Business & Finance, Business Developments & Projects, Project & Tenders
Agricultural company Louis Dreyfus Company, French containment specialist GTT and the European Commission have invested in bound4blue’s Series A funding round, becoming shareholders of the company.
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Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development, Vessels
Japan’s ClassNK and Fukui Seisakusho have signed a memorandum of understanding (MoU) concerning a joint study on a safety relief valve for a cargo tank of liquefied hydrogen (LH2) carriers. ClassNK said that, in order to ensure safety in the transport of liquefied hydrogen, the development of safety relief valves that can handle hydrogen’s characteristics, […]
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Business Developments & Projects, Vessels
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Hyundai Samho Heavy Industries for the tank design of three new LNG carriers (LNGCs) on behalf of an Asian ship-owner. GTT will design the tanks of the three vessels, which will each offer a total cargo capacity of 174,000 […]
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Business Developments & Projects, Collaboration, Outlook & Strategy, Vessels
China’s Dalian Shipbuilding Industry Company (DSIC) and Jiangsu Yak have signed a contract for the cargo containment system construction project of ten 175,000 cubic meter LNG carriers (LNGCs). According to DSIC, the two parties will work together in construction, production management, safety management, quality management, logistics management and other aspects to complete the project. This […]
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Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Technology
Elogen, a GTT group company, has signed a new contract with Valmax Technology, a system integrator for energy solutions in the hydrogen sector, to design and manufacture a proton exchange membrane (PEM) electrolyzer with a power of 2.5 MW. The electrolyzer, with a production capacity of up to 1 ton of hydrogen per day, will […]
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Business Developments & Projects
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of a new floating liquefied natural gas (FLNG) unit, on behalf of an Asian company. GTT said that with a total storage capacity of 200,000 m3, the FLNG will be the […]
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Business Developments & Projects, Technology, Vessels
French LNG containment specialist GTT has secured contracts with two undisclosed European LNG ship owners to equip a total of three vessels with its predictive maintenance solution, the Sloshing Virtual Sensor. According to GTT, this digital technology is dedicated to the assessment of sloshing activity in order to extend the cargo tank entry period. GTT […]
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Chinese shipbuilder Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has launched the first 13,000 TEU containership powered by liquefied natural gas (LNG) for French shipping giant CMA CGM.
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Denmark’s shipping company Celsius Shipping has hosted a naming ceremony for the latest liquified natural gas (LNG) tanker Celsius Geneva in South Korea.
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South Korean shipbuilder Samsung Heavy Industries (SHI) has developed a laser high-speed welding robot for use in the construction of liquefied natural gas carriers.
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Business Developments & Projects, Certification & Classification, Green Marine, Innovation, Regulation & Policy, Vessels
Chinese shipbuilder Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has received Approval in Principle (AIP) certifications from major international classification societies for three cutting-edge ship designs. These include a 98,000 cbm liquefied ammonia carrier, 16,000TEU methanol-powered containership and a three-tank 174,000 cbm LNG carrier. The three ship designs are a result of […]
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Business Developments & Projects, Collaboration, Innovation, Outlook & Strategy, Technology, Vessels
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has announced the development of innovative LNG carriers and containerships during the “Samsung Technical Seminar in Athens” (Samsung Technology Road Show) in Athens, Greece. The company unveiled its “3 Cargo Tank LNGC” and “Eco Container Ship” products. SHI said the “3 Cargo Tank LNGC” is designed to increase […]
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Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels
China’s Dalian Shipbuilding Industry Company (DSIC) has signed a contract for the construction of up to four 175,000 cbm LNG carriers with Sea Jade Investment Limited, a joint venture owned by Hong Kong-based shipping company Wah Kwong, China Gas and China Ship Leasing. The trio ordered the construction of two firm LNG carriers plus two optional […]
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Business & Finance, Business Developments & Projects, Green Marine, Infrastructure, Vessels
Cool Company Limited (CoolCo), an owner, operator and manager of LNG carriers, has exercised its option to acquire two newbuild 2-stroke LNG carriers from affiliates of Eastern Pacific Shipping (EPS). The LNG carriers, named Kool Tiger and Kool Panther, are being built by Hyundai Samho Heavy Industries in Korea and are scheduled for delivery in September and December of […]
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Business & Finance, Business Developments & Projects, Green Marine, Vessels
Chinese shipping company China Merchants Energy Shipping (CMES) has moved forward with fleet expansion plans by signing contracts for the construction of two massive liquefied natural gas (LNG) carriers and two Aframax crude oil tankers. Dalian Shipbuilding has secured the shipbuilding contracts for the vessels, the construction of which was approved two weeks ago. The newly signed LNG carriers […]
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Business & Finance, Business Developments & Projects, Green Marine, Vessels
Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), has entered into shipbuilding contracts with compatriot insurance conglomerate China Taiping Insurance Holdings for the construction of two LNG carriers. According to the stock exchange filing, China Taiping Insurance signed the shipbuilding contracts through its subsidiaries, Taiping & Sinopec Financial Leasing (TSFL) and Taiping 26 and Taiping 27, […]
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Finnish technology group Wärtsilä will supply the LNG Fuel Gas Supply (FGSS) systems for four new 23,000 TEU containerships being built for France-based shipping giant CMA CGM at the Hudong Zhonghua Shipbuilding yard in China.
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Qatar Gas Transport Company (Nakilat) and HSD Engine have signed a long-term service agreement for the provision of spares and maintenance services necessary to maintain the reliability of engines onboard Nakilat’s liquified natural gas (LNG) vessels.
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Certification & Classification, Collaboration, Green Marine, Innovation, Outlook & Strategy, Regulation & Policy, Transition, Vessels
Japanese classification society ClassNK has issued four Approvals in Principle (AiPs) to French LNG containment specialist GTT recognizing the company’s latest development projects in alternative fuels. The concepts that won approvals include: – Concept of 12,500m3 LNG Dual-fuelled VLCC fitted with Mark III Flex system– Concept of LNG Fuel Tanks with NH3 ready notation that includes […]
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Business Developments & Projects, Collaboration, Vessels
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new LNG carriers. GTT will design the tanks of the two vessels, and each will offer a total cargo capacity of 174,000 m3. The tanks will be fitted with […]
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Business & Finance, Business Developments & Projects, Outlook & Strategy
French LNG containment specialist GTT has finished the 2022 financial year with solid results, expecting market growth in the coming years. It had consolidated revenues of €307.3 million and consolidated EBITDA of €161.1 million. As pointed out in the report, it achieved a record level of orders, with 274 units for the core business and […]
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Business Developments & Projects, Equipment, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels
The open ro-ro vessel Canopée, built by Dutch shipbuilding firm Neptune Marine, has been fitted with its four wing sails provided by French company AYRO. The ship is owned by the shipping company Alizés, a joint venture firm set up between Zéphyr & Borée and JIFMAR Offshore Services. The company won a tender in 2019 […]
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Business & Finance, Business Developments & Projects, Collaboration, Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Vessels
Singapore-based ship management company Eastern Pacific Shipping (EPS) revealed that it has teamed up with Canada-based coatings company Graphite Innovation & Technologies (GIT) to implement the latter’s graphene-based, biocide-free propeller coating across its fleet. EPS plans to boost the performance of its vessels by applying GIT’s eco-friendly, highly durable, and ultra-low friction foul release coating, the aim […]
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Green Marine, Human Capital, Outlook & Strategy, Ports & Logistics
The Port of Rotterdam is getting a new CEO after almost ten years. Namely, Boudewijn Siemons will be appointed interim CEO of the Port of Rotterdam Authority effective 15 July 2023, taking over the reins from Allard Castelein, who is stepping down as CEO after nearly a decade. Siemons is currently the COO of the […]
