GTT receives order from DSME for the equipment of two new lng tankers

Paris – may 18, 2017. GTT has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) for the equipment of two new lng tankers with its containment system NO96 GW.

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The shipyard DSME, based in Geoje (South Korea), is in charge of the construction of these new vessels 173 400 m3 for the account of a shipowner european. Their deliveries are scheduled for 2019.

This is the first order for lng tankers received from DSME since the beginning of the year. It comes to be added to that of last February, which relates to a unit for storage and regasification (FSRU) with the technology NO96 of TWG.

“We welcome the trust relationship that we have with DSME for nearly 30 years, which has lead to this new command. With 103 vessels in service, and 49 in order to date, DSME is indeed a loyal user of our solutions NO96, ” says Philippe Berterottière, President and ceo of GTT.

With nearly 150 vessels in service in the world equipped with the system NO96, TWG is based on a proven technology that boasts a return of offshore experience is unmatched. For more than 50 years, range NO. evolves through a continuous effort of research and development of new technologies, to meet the needs of safety and efficiency of ship owners and shipyards. NO96 GW is part of the latest developments of the range, which allows optimization of the rate of evaporation of the LNG cargo.

About TWG
GTT (Gaztransport & Technigaz) is an engineering company specialized containment systems and membranes dedicated to the transportation and storage of liquefied gas, and especially LNG (Liquefied Natural Gas). For over 50 years, GTT has a relationship of trust with all stakeholders of the industry of the liquefied petroleum gas (shipyards, shipowners, gas companies, terminal operators and classification societies). The company develops and commercializes technologies that combine operational efficiency and security to equip the tankers, floating units of LNG, as well as vessels to transport multi-gas. It also offers solutions for land pools and the use of LNG as fuel for propulsion of ships, as well as a wide range of services.

GTT is listed on the compartment A of Euronext Paris (ISIN Code FR0011726835, Ticker GTT), and in particular of the indices SBF 120 and MSCI Small Cap.

More information on www.gtt.fr.

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