GTT Receives an Order from Daewoo

GTT has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) to equip a floating storage and regasification unit (FSRU) with its NO96 cryogenic membrane containment system. The vessel will be built at DSME's shipyard in Geoje, Korea, on behalf of Maran Gas Maritime, a Greek management company. This 173,400 m3 vessel will be the first FSRU to be added to the Maran Gas Maritime fleet. Delivery is scheduled for 2020.

"GTT is very pleased to continue its excellent partnership with DSME and Maran Gas Maritime. This new order demonstrates their high confidence in our NO96 technology, which fits LNG carriers as well as other LNG storage vessels such as FSUs, FSRUs, FLNGs", said Philippe Berterottière, Chairman and CEO of GTT.

The global FSRU market consists of 24 units currently in service. It is a very dynamic segment particularly well suited for new importing countries for which FSRUs constitute an economic alternative and a flexible solution.