GTT Partners To Build Vessels Using GTT Membrane Technologies

489

  • GTT has signed a Technical Assistance and License Agreement with Yangzijiang.
  • TEU dual-fuelled container vessels accentuate GTT’s Membrane technology for the LNG fuel tanks. 

GTT has signed a Technical Assistance and Licence Agreement with Yangzijiang the building of GTT membrane containment systems, says GTT.

GTT and Yangzijiang

Yangzijiang Shipbuilding is one of the biggest private shipbuilding corporations in China. The License Agreement between Yangzijiang and GTT will result in the growth of GTT technologies in China. 

Four vessels will be delivered which is scheduled for each quarter of 2025.

Pacific International Lines (“PIL”)is a prominent shipping line in Asia that has approved orders from Yangzijiang for four 8,000 TEU dual-fuelled container ships. GTT’s Membrane technology will be starred in the LNG fuel tanks. The tanks will enable a potential modification of the vessels to ammonia fuel, thereby giving the owner active flexibility for environmental regulations change.

Each LNG fuel tank will be fitted with the Mark III membrane containment technology. 

Responses

The Chairman and CEO of Yangzijiang, Mr. Letian Ren said that they are hoping to shortly illustrate to the market Yangzijiang yards’ excellent craftsmanship in building vessels of the greatest standards. He feels that working with GTT on the construction of LNG carriers, VLEC and LNG fuelled merchant vessels will be a great opportunity.

The Chairman and CEO of GTT, Philippe Berterottière announced that “We are honored to be working with such an internationally renowned partner. Yangzijiang team has demonstrated their determination by obtaining our license in record time. In a tight market, this new partnership will provide new shipbuilding capacities to meet current demand. We look forward to a long and successful collaboration with our new partner.”

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: GTT