GTT SHARE PRICE

51,75 €
+0.88%
2018-04-19 17:36:27
GTT

News

Mark V technology will equip a new LNGC to be built by Samsung Heavy Industries (SHI)

2017-01-04

Paris – January 04, 2017. Following SHI’s order announced last October 11, 2016, the new GTT’s Mark V technology is confirmed as the technology to equip the new LNG carrier ordered by the European ship-owner Gaslog. The vessel will be built at SHI’s shipyard in Goeje Island. Delivery is scheduled in 2019.

“Gaslog's choice of our new membrane containment system highlights the confidence of our partners in our innovations”, commented Philippe Berterottière, Chairman and CEO of GTT. “We are constantly striving to enhance the performances of our systems. This first order of Mark V shows our ability to meet market requirements”.            

Mark V offers an unrivalled thermal efficiency. This system, entirely designed by GTT, reduces significantly the guaranteed daily boil-off rate of LNG to 0.07% of the tank volume per day, thus generating important savings for the charterer. Mark V also optimises the dynamic insulation resistance. This technology is derived from the sea proven GTT Mark range, which is acknowledged by the key players of the LNG Industry. It is adapted to all sizes of LNG carriers.                                                                                                                                                                                                                                                                                

Media Relations contactspress@gtt.fr / +33 (0)1 30 23 42 24 - +33 (0)1 30 23 20 41
Investor Relations contactsinformation-financiere@gtt.fr / + 33 (0)1 30 23 42 26 - + 33 (0)1 30 23 20 87