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GTT, Conrad Shipyard collaborate on LNG systems

LNG Industry,

GTT announced that its US subsidiary, GTT North America has signed a Technical Assistance and License Agreement (TALA) with Conrad Shipyard, for the design and construction of LNG barges and LNG-fuelled vessel bunker tanks using GTT's membrane containment systems.

Conrad Shipyard received its approval after completing the qualification process including dedicated training of its employees by GTT and the fabrication of a membrane tank model. The partnership will enable both companies to leverage each other's experience in LNG technology and highlights the commitment of both GTT North America and Conrad Shipyard to the development of the LNG fuel market in the US.

Commenting on the partnership, Philippe Berterottière, Chairman and CEO of GTT, said: "This agreement is a major landmark, not only for GTT and Conrad but also for LNG-as-a-fuel in America. It paves the way for implementing state-of-the-art containment solutions in American built vessels. With Conrad we are going to do great things!"

"GTT's membrane system is first-in-class internationally. We're proud to bring to our domestic customers the outstanding choice and option this partnership provides. LNG in America is quickly becoming a more viable and realistic fuel thanks to the hard work and diligence of many organisation," added Terry Frickey, COO of Conrad Shipyard.

Adapted from press release by Katie Woodward

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