GTT and CSSC form strategic cooperation
French tech expert GTT signs strategic agreement with China's CSSC for LNG shipping advancement, including VLEC and offshore platforms.
The technological expert in membrane containment systems GTT and China State Shipbuilding Corporation Limited (CSSC) have entered into a strategic cooperation agreement.
The agreement provides for cooperation between GTT and twelve subsidiaries of CSSC, notably in ship design and construction, cryogenic containment technologies for LNG shipping, LNG as fuel and smart shipping solutions.
As part of this agreement, GTT and CSSC aim to develop and market competitive LNG tank solutions with GTT technologies, for all types of vessels, including LNG-propelled container ships, bulk carriers, oil tankers and Pure Car and Truck Carriers, as well as the optimisation of the engineering of LNG carriers, VLEC and offshore platforms.
Philippe Berterottière, Chairman and CEO of GTT, commented: "This cooperation agreement with CSSC marks an important step in our development strategy in China. Together, we will explore opportunities for innovation and strengthen our position in a constantly evolving maritime sector."
Four of CSSC’s shipyards, Hudong-Zhonghua Shipbuilding, Jiangnan Shipyard, Dalian Shipbuilding Industry, and Shanghai Waigaoqiao Shipbuilding are authorised to construct GTT technologies under Technical Assistance and License Agreements (TALA).
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