GTT and DSEC to jointly build LNG bunker tanks

Partners to provide 'integrated offer' for shipowners looking to install LNG fuel tank technology.

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Updated on 14 Dec 2017 08:25 GMT

LNG tank specialist Gaztransport et Technigaz SA (GTT) and Korean engineering firm DSEC have signed a technical assistance and license agreement for the construction of GTT membrane containment systems.

Commenting on the accord, GTT said: "This deal strengthens both GTT and DSEC's commercial offer. It addresses the requirement of clients wishing to fit membrane type LNG fuel tanks to all types of vessels (cruise vessels, container ships, bulk carriers or roll-on / roll-off ferries, etc.). Moreover, DSEC is already recognised for its ability to implement complete solutions including FGSS (Fuel Gas Supply System) and CHS (Cargo Handling System) systems."

GTT added: "With this new cooperation, which broadens the spectrum of GTT industrial partners, shipyards no longer have to acquire the know-how required for the construction of GTT membranes and of LNG handling systems."

Philippe Berterottiere, chairman and CEO of GTT, remarked: "We are proud of this collaboration with DSEC, one of the key players of marine LNG in Korea and worldwide. LNG as a fuel market is entering a growth phase. DSEC and GTT will provide an integrated offer to shipowners willing to adopt LNG as a fuel or the technology of membrane tanks."