The 200,000 cu m LNG design, which has been awarded Approval in Principle by Lloyd’s Register (LR), will trade at lower service speeds and will reduce unit freight costs by 5.5% from the outset, and by 14% by mid-century under regulatory frameworks including the EU Emissions Trading System (ETS) and FuelEU Maritime.
In its analysis of the GTT design, LR assessed a range of GTT cargo tank designs including the Mark III Flex, Mark III Flex+, NO96 Super+, and GTT Next1. The cargo tank designs were evaluated against class standards and the requirements of the International Code of the Construction and Equipment of Ships Carrying Liquefied Gases in Bulk (IGC Code).
LR’s Panos Mitrou, Global Gas Segment Director, commented: “This new design demonstrates that by challenging conventional thinking, we can reduce emission intensity without sacrificing transport capacity. Similar to the industry's progression from steam to 4-stroke electric propulsion, and subsequently to 2-stroke engines, this concept could represent a potential next technological leap for LNG carriers.”
GTT’s Jean-Baptiste Choimet, CEO, said: “This AiP from Lloyd’s Register is a major milestone for GTT and the LNG industry. Our three-tank design represents a significant leap forward in terms of efficiency and sustainability. By challenging conventional thinking and embracing innovation, we are paving the way for a greener future of LNG shipping.”
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