GTT SIGNS COOPERATION AGREEMENT WITH CSSC

Dec 11, 2023 | Maritime business news

French liquefied gas membrane containment system company GTT has signed a strategic cooperation agreement with China State Shipbuilding Corporation (CSSC).

The agreement provides for cooperation between GTT and 12 subsidiaries of the CSSC conglomerate, notably in ship design and construction, cryogenic containment technologies for LNG shipping, LNG as fuel and smart shipping solutions.

Under the agreement, GTT and CSSC aim, on the one hand, to develop and market competitive LNG tank solutions with GTT technologies, for all types of vessels, including LNG-fuelled container ships, bulk carriers, oil tankers and PCTCs. On the other hand, cooperation between the two groups is aimed at the optimisation of the engineering of LNG carriers, particularly on capacities ranging from 175,000 m³ to 270,000 m³, but also of the latest generation VLEC and offshore platforms.

Philippe Berterottière, GTT Chairman and CEO said: “This cooperation agreement with CSSC marks an important step in our development strategy in China. Together, we will explore opportunities for innovation and strengthen our position in a constantly evolving maritime sector.”

Hudong-Zhonghua Shipbuilding, Jiangnan Shipyard, Dalian Shipbuilding Industry and Shanghai Waigaoqiao Shipbuilding are among the subsidiaries of the CSSC group authorised to construct GTT technologies under Technical Assistance and License Agreements.

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