Business/economics

GTT Nets Contract for LNG Carriers from HHI

GTT has been contracted to provide the Hyundai Heavy Group companies with equipment for eight LNG carrier newbuilds. Hyundai Heavy Industries (HHI) and Hyundai Samho Heavy Industries (HSHI) will build the vessels, with each company set to build four vessels. Each vessel will be capable of transporting 174,000 m3 of LNG. 

Delivery of the vessels is scheduled for the second half of 2022.