Gaztransport et technigaz ( (FR:GTT) ) just unveiled an update.
GTT has secured an order from an Asian shipyard for the tank design of two new LNG carriers, each with a capacity of 174,000 m³, using its NO96 series membrane containment system. This order underscores GTT’s strong position in the LNG industry and its ongoing commitment to innovation and sustainability, with vessel deliveries expected in 2027.
More about Gaztransport et technigaz
GTT is a technology and engineering group specializing in the design and development of cryogenic membrane containment systems for the transport and storage of liquefied gases. The company is known for its innovative technologies in LNG carriers, floating terminals, onshore storage tanks, and multi-gas carriers. GTT is committed to sustainability and offers solutions for using LNG as fuel, enhancing vessel performance, and developing low-carbon solutions. It is also involved in the green hydrogen sector through its subsidiary, Elogen.
YTD Price Performance: 14.28%
Average Trading Volume: 52,336
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €5.42B
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