
GTT Secures LNG Carrier Tank Design Order
GTT has received an order from Samsung Heavy Industries for the tank design of one 180,000 m³ LNG carrier for a European shipowner, with delivery expected in 2028.

GTT has received an order from Samsung Heavy Industries for the tank design of one 180,000 m³ LNG carrier for a European shipowner, with delivery expected in 2028.

China booked 13 LNG carriers in January, driven by an integrated model linking finance, shipping and long-term charter demand, intensifying competitive pressure on Korean LNGC builders.

Hanwha Ocean has signed a 738.3 bn won ($498.8m) contract with an Oceania owner for two LNG carriers and a $388.5m VLCC order from Asyad Shipping, lifting its 2026 newbuilding tally to about $890m.

Hanwha Ocean has secured a 2.59 trillion won ($1.75 billion) contract from a European shipowner for seven LNG carriers, lifting its 2025 order tally to 51 ships worth $9.83 billion.

Nakilat strengthens financial flexibility through Korean financing for 25 LNG newbuildings, first delivery by end-2026.

SHI delivers Korea’s first 7,500 m³ LNG carrier converted with the KC-2C system, showcasing innovation in domestic LNG technology.

Samsung Heavy Industries refines its global shipbuilding network by focusing LNG and high-value ship construction at Geoje Shipyard while expanding international partnerships for crude tankers and offshore facilities.

China’s shipbuilding sector faces a sharp 73% drop in new orders as global demand slows and U.S. restrictions tighten, while South Korea expands its market share in high-value vessels.

Hanwha Ocean has achieved a global first by completing an LNG ship-to-ship transfer during sea trials, demonstrating cutting-edge innovation in maritime LNG technology.
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