GTT took orders for 38 LNG-fuelled vessels in H1 2022
French marine engineering company GTT says several Chinese and Korean shipyards placed these orders on behalf of global shipping companies.
PHOTO: Picture of large LNG tanks at an LNG terminal. Getty Images
The vessels are scheduled for delivery between 2024-2026.
With the new orders, GTT has already surpassed its previous record of 27 LNG-fuelled vessels taken across last year.
The company has also received 88 orders for LNG carriers during the period, beating the last year’s record of 68 orders.
The first half of this year has been promising for LNG as a marine fuel, with strong demand in Europe, GTT’s chairman and chief executive Philippe Berterottière says.
The need for LNG infrastructure and carriers is expected to grow in the coming years, he adds.
A total of 312 LNG-fuelled vessels are in operation globally this year, according to classification society DNV. An additional 77 LNG-fuelled vessels are on order for delivery this year, and another 155 vessels are LNG-ready.
The number of LNG-fuelled vessels on order for delivery by 2028 is much higher at 504.
