GTT has signed a Technical Assistance and License Agreement with Yangzijiang, the largest private shipyard in China, enabling the yard to construct vessels using GTT membrane technologies. This Technical Assistance and License Agreement is a new step forward in the development of GTT technologies in China. Yangzijiang successfully completed the GTT qualification process in record time, as the first validation steps began in March 2022. Yangzijiang has already secured an order for four 8,000 TEU dual-fuelled container ships from Pacific International Lines, a leading shipping line in Asia. The container vessels feature GTT’s Membrane technology for the LNG fuel tanks. Each LNG fuel tank will be fitted with the Mark III membrane containment technology and include unique features to facilitate a potential conversion of these vessels to ammonia-fuel, giving the owner a greater operational flexibility should environmental regulations change. The delivery of the four vessels is scheduled for each quarter of 2025.
GTT has signed a Technical Assistance and License Agreement with Yangzijiang, the largest private shipyard in China, enabling the yard to construct vessels using GTT membrane technologies. This Technical Assistance and License Agreement is a new step forward in the development of GTT technologies in China. Yangzijiang successfully completed the GTT qualification process in record time, as the first validation steps began in March 2022. Yangzijiang has already secured an order for four 8,000 TEU dual-fuelled container ships from Pacific International Lines, a leading shipping line in Asia. The container vessels feature GTT’s Membrane technology for the LNG fuel tanks. Each LNG fuel tank will be fitted with the Mark III membrane containment technology and include unique features to facilitate a potential conversion of these vessels to ammonia-fuel, giving the owner a greater operational flexibility should environmental regulations change. The delivery of the four vessels is scheduled for each quarter of 2025.
