GTT announces that it has received, in the second quarter of 2026, an order from the shipyard Samsung Heavy Industries for the tank design of two new Liquefied Natural Gas Carriers, on behalf of a Greek ship-owner.
GTT will design the cryogenic tanks of the vessels, each offering a total capacity of 174,000 m3. The tanks will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.
Delivery of the vessels is scheduled between the first and second quarters of 2029.
Although GTT has not disclosed the shipowner’s identity, Samsung Heavy Industries announced in mid-May that it had secured an order for two LNG carriers from the Greek company TMS Cardiff Gas, with each vessel priced at $252 million. This shipowner is no stranger to Samsung Heavy Industries; the two parties previously signed a contract in August 2025 for the construction of four 174,000 m3 LNG carriers, scheduled for delivery in 2028.
TMS Cardiff Gas currently operates more than 20 gas carriers. In terms of newbuilds, the shipowner also placed an order with Hudong-Zhonghua earlier this year for 4+2 174,000 m3 LNG carriers.