Hanwha Ocean orders seven new LNG carriers, GTT secures new order

Investing.com -- GTT announced a new order for a liquefied natural gas carrier (LNGC) from HD KSOE.

The vessel will feature a 174,000m3 tank with Mark III Flex technology and is scheduled for delivery in the fourth quarter of 2028.

In a more significant development, Hanwha Ocean has placed an order for seven new LNG carriers. This announcement confirms information the company shared earlier this week at the LNG Summit Award.

Georgios Plevrakis, head of European business development at Hanwha Ocean, noted that interest in LNG newbuildings has increased over the past three to four months.

According to Plevrakis, this rising demand stems from both fleet expansion projects and the need to replace aging vessels in existing fleets.

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