GTT receives an order from Hyundai Heavy Industries to equip a new floating storage and regasification unit

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. The vessel will be built at Hyundai's shipyard in Ulsan, on behalf of Höegh LNG Holdings Ltd. This FSRU will have a storage capacity of 170,000 m3. Delivery is scheduled in 2018, the company said in its press release.

Currently, four FSRUs built by HHI and equipped with the Mark III technology are in service. Mark III is a proven solution for new projects that require greater resistance to liquid motion, particularly for multigas applications or partially filled tanks such as FSRUs or FLNGs.