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GTT outfitter Gabadi announces a joint venture with its chinese partner AojiHeng Offshore Engineering

2017-06-09

Shanghai – 8 June 2017. The Spanish Company Gabadi S.L. and Chinese partner AojiHeng Offshore Engineering (AJH) have inaugurated their Joint Venture (JV) “Gabadi Marine Engineering (Shanghai) Co., Ltd”, today in Pudong, Shanghai.

GABADI is the first membrane tank outfitter licensed by GTT. Gabadi has a rich experience in procurement and installation of both GTT NO and Mark type membrane systems.  Gabadi is keen to enter into the Chinese market and contribute to the development of the LNG retail shipping and the gas fueled ships with Chinese shipyards.

AJH is a reputable Chinese outfitter already present in the shipbuilding industry.  AJH is focusing on new trends in shipbuilding technologies and wants to stay at the forefront by taking a leading role in the promising LNG as fuel area.

Antonio Jose Llago Hermida, CEO of Gabadi and Chairman of the JV, said at the occasion: “Gabadi Marine Engineering will greatly enhance the competitiveness of Chinese shipyards in building gas fueled ships and small/mid-scale LNG carriers by implementing the competitive GTT LNG tank technologies in its role as an outfitter”

“We believe that outfitting is the most suitable business model for most Chinese shipyards, who wish to risk less investment as they step into the new environmentally friendly shipbuilding business” said Sam Xin, founder of AJH and Vice Chairman of Gabadi China.

Representatives from various companies in the LNG industry attended the opening ceremony, including the technology Licensor, GTT China.  Adnan Ezzarhouni, General Manager of GTT China, said: “There is a clear market demand in China for the construction of GTT membrane tanks. GTT is pleased to see Gabadi investing in China in order to support the market demand and offer a one-stop-shop solution for the shipyards”.  
 

GTT outfitter Gabadi announces a JV with AojiHeng Offshore Engineering

Adnan Ezzarhouni - General Manager of GTT China,
Antonio Jose Llago Hermida - CEO of Gabadi and Chairman of the JV,
Sam Xin - founder of AJH and Vice Chairman of Gabadi China.