Page 14 - GLNG Week 50 2021

GLNG NEWS IN BRIEF GLNG

related to the trading of LNG adds further to from its partner the Korean shipyard Samsung LNGCs with long term employment in place.
those commitments. Heavy Industries (SHI) for the tank design of We believe that this transaction is highly
Societe Generale said: “We are proud two new LNGCs. transformative for the partnership across all
to accompany Gunvor in this landmark As part of this order, GTT will design the metrics and positions us firmly in the LNG
transaction. This new LNG borrowing base tanks of the vessels, which will each offer a market. The LNG market is supported by
embodies Gunvor’s long-term strategic move capacity of 174,000 cubic metres. The LNGC positive long-term fundamentals, as both
to support transitional commodities that tanks will be fitted with the GTT Mark III natural gas and LNG are expected to play a
enable the energy transition to a low carbon Flex membrane containment system. key role in the energy transition to net zero
future.” Deliveries of the vessels will take place and as such, we are excited to be growing in
GUNVOR GROUP, December 16, 2021 between late 2024 and early 2025. this segment at an opportune moment.”
GTT, December 14, 2021 CAPITAL PRODUCT PARTNERS, December 16,
GTT obtains tank design Capital Product Partners 2021

order for four new LNG announces the delivery of Novatek signed co-
carriers from Daewoo the M/V ‘Adonis’ to its new operation agreement with

Shipbuilding & Marine owners and completion of Voronezh Region

Engineering Leonid Mikhelson, chairman of the
management board of Novatek, and Voronezh
GTT announces that it has received an order the six LNG Carriers (LNGC) Region Governor Alexander Gusev today
from its partner the Korean shipyard Daewoo acquisition programme signed a co-operation development agreement
Shipbuilding & Marine Engineering (DSME) to increase the participation of companies
for the tank design of four new LNGCs. Capital Product Partners today announced from the region in Novatek’s projects. The
As part of this order, GTT will provide the that the M/V ‘Adonis’ (115,145 dwt / 9,288 agreement envisages broader involvement
design and associated engineering services TEU, Eco-Flex, wide beam containership built of companies from Voronezh Region in
for the tanks of the vessels, which will each 2015, Daewoo-Mangalia Heavy Industries) engineering and supply of equipment for
offer a capacity of 174,000 cubic metres. The was delivered to its new owners on December Novatek’s LNG projects.
LNGCs will be fitted with the GTT NO96 L03 13, 2021, generating gross proceeds from the “Manufacturers from Voronezh Region
membrane containment system, a technology sale of approximately $49.3mn after repaying have successfully contributed to many of
developed by GTT. outstanding debt. the company’s major projects located within
The vessels will be delivered in 2024 and In addition, the partnership took delivery the reach of the Unified Gas Supply System,
2025. of the ‘Aristidis I’ (174,000 CBM, latest with their equipment and materials,” noted
GTT, December 16, 2021 generation X-DF LNG carrier built 2021, Leonid Mikhelson, chairman of Novatek’s
Hyundai Heavy Industries), the last vessel of management board. “They have a big
GTT entrusted by Samsung the six LNGCs acquisition program previously potential, and this agreement will enable
announced. The acquisition was financed with
enhancing their involvement in our LNG
Heavy Industries with the $82.0mn cash at hand and the assumption of projects. Co-operation under our ongoing
and future projects will start at early stages,
$123.0mn of debt.
tank design for two new officer of our general partner, commented: including R&D activities, to promote larger
Mr. Jerry Kalogiratos, chief executive
import substitution in high-tech LNG
LNG carriers “We are very pleased to have completed equipment as well as to foster the region’s
this substantial investment, amounting to
economic development.”
GTT announces that it has received an order more than $1.2bn, in six latest generation NOVATEK, December 16, 2021

P14 www. NEWSBASE .com Week 50 17•December•2021