GTT Wins Hanwha Ocean LNG Carrier Tank Design Order for Two 174000 cbm Vessels
January 29, 2026
GTT has won a new LNG carrier tank design order from Hanwha Ocean covering two LNGCs, each at 174,000 m³. Under the contract, GTT will design the cryogenic tanks using its NO96 Super+ membrane containment system, with vessel deliveries scheduled between Q1 and Q2 2029.
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GTT and Hanwha Ocean order in one read
GTT has received an order from Hanwha Ocean to design the cryogenic tanks for two new LNG carriers. Each vessel is specified at 174,000 m³, and the tanks are to be fitted with GTT’s NO96 Super+ membrane containment system. Delivery of the vessels is scheduled between the first and second quarters of 2029.
- Scope is tank design for two LNG carriers ordered through Hanwha Ocean.
- Each ship is specified at 174,000 m³ with NO96 Super+ containment.
- Delivery timing is stated as Q1 to Q2 2029.
Bottom Line Impact
This is another confirmed LNGC pipeline datapoint in the 174,000 m³ class, with delivery timing that extends visible build activity into 2029.
This is another confirmed LNGC pipeline datapoint in the 174,000 m³ class, with delivery timing that extends visible build activity into 2029.
GTT tank design win adds two 174,000 m³ LNGCs to the pipeline
| Quick fact | Awarded | Hard specs and timing | Changes for stakeholders |
|---|---|---|---|
| Scope | Tank design contract awarded to GTT by Hanwha Ocean for two LNG carriers. | 2 LNGCs, 174,000 m³ each. | Adds another confirmed build-program datapoint in the mainstream LNGC size band, reinforcing forward supply visibility. |
| Containment system | Cryogenic tanks to be fitted with GTT’s NO96 Super+ membrane containment system. | Membrane containment specified as NO96 Super+. | Locks in the cargo containment choice early, which drives downstream equipment scope, engineering routines, and shipyard execution planning. |
| Delivery window | Delivery schedule disclosed alongside the award. | Scheduled between Q1 and Q2 2029. | Pushes the visibility line into 2029, supporting mid-term fleet planning assumptions for LNG shipping capacity additions. |
| Shipyard linkage | Order placed through Hanwha Ocean, a major LNG carrier builder. | Yard named: Hanwha Ocean. | Another indicator that high-end LNGC slots remain active, even when broader shipping cycles are mixed across segments. |
| Repeat-pattern context | This award follows earlier LNG carrier tank design work disclosed for additional 174,000 m³ units at the same yard. | Same capacity band shows up repeatedly in recent awards. | Reinforces the “programmatic” feel of LNG newbuild pipelines: owners and yards continue to advance standardized LNGC projects rather than one-off builds. |
| Data you can lift quickly |
2 ships, 174,000 m³ each, NO96 Super+, deliveries Q1 to Q2 2029.
Useful for pipeline tracking, deck notes, and internal market maps.
|
All items disclosed in the award announcement. | Creates a clean reference point for “what is being ordered, in what size, for what delivery window” without relying on spot-market noise. |
GTT wins Hanwha Ocean LNG carrier tank design order
Contract essentials
Ships covered
2 LNGCs
Capacity per ship
174,000 m³
Containment system
NO96 Super+
Delivery window
Q1 to Q2 2029
Size mix visual
This is a single mainstream LNGC size repeated across both vessels.
The contract confirms two additional 174,000 m³ hulls moving into the 2029 delivery window.
Yard and scope clarity
- Customer is the shipyard Hanwha Ocean.
- Scope is cryogenic tank design for two LNG carriers.
- Containment system specified as NO96 Super+.
Pipeline footprint
Total cargo volume represented
348,000 m³
Visibility horizon added
Into 2029
A tank design award is not a rate catalyst by itself, but it is a clean datapoint that extends the visible LNGC build pipeline into the late decade.
Capacity quick-add tool
Enter ships and cubic meters to compute total cargo volume for a pipeline list.
Output: total m³
Total volume: –
Enter values and calculate.
Bottom Line Impact
The award confirms two additional 174,000 m³ LNG carriers moving through Hanwha Ocean’s pipeline with NO96 Super+ specified, and it extends visible LNGC delivery timing into Q1 to Q2 2029.
The award confirms two additional 174,000 m³ LNG carriers moving through Hanwha Ocean’s pipeline with NO96 Super+ specified, and it extends visible LNGC delivery timing into Q1 to Q2 2029.
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