HHI's FSRU Unit equipped by GTT

MARK III SYSTEM

By Joseph R. Fonseca

GTT has received an order from Hyundai Heavy
Industries (HHI) to equip a new floating storage and
regasification unit (FSRU) with its Mark III cryogenic membrane
containment system. This order includes a firm vessel and one
option. The FSRU of 170,000 m3 will be built at Hyundai's
shipyard, in Ulsan (South Korea), on behalf of a European
shipowner. The vessel will also be equipped with a Dual Fuel
Diesel Engine motorization like standard LNG Carrier (LNGC).
Delivery is scheduled in March 2019.

"GTT notes that the performance of its technologies for the FSRU
market are renowned and appreciated by the key players of the
offshore industry", commented Philippe Berterottière, Chairman
and CEO of GTT. "HHI is a long term partner, we are both involved
to make the maritime industry progress by providing safe and
flexible solutions."

There is growing trend towards building floating units able to
change functionality, thereby achieving significant savings.
Thus, floating terminals can operate as mobile vessels such as
LNGC and can be contracted for short periods. There are currently
16 FSRUs in service which are able to operate as both
transportation and regasification vessels.

Feb 22, 2017

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