Membrane-type containment systems designer GTT has been slapped with an administrative fine of about EUR9.5m ($11.3m) by the Korea Fair Trade Commission (KFTC) over non-compliant practices in South Korea.

Fleet Management has joined hands with GTT (Gaztransport & Technigaz) to enhance their service offerings during vessel construction and management of LNG vessels and vessels installed with GTT cargo containment system.

GTT Training, wholly subsidiary of GTT (Gaztransport & Technigaz), has formed a training partnership with Wavelink Maritime Institute (WMI) of Singapore to facilitate the delivery of GTT Training’s LNG industry related courses.

LNG containment systems specialist GTT has created a Digital Hub of Excellence in Singapore and launched specialised programs in Maritime Business Process Digitalisation, Smart Shipping and Smart Ports.

GTT has finished testing a new compact and easy to install LNG storage system which can be used for shipboard fuel tanks.

Continuing to develop its LNG as a marine fuel business GTT and its partner Technolog have received General Approval and Ship Application (GASA) from DNV GL to retrofit of very large container vessels (VLCs) with exoskeleton membrane LNG tanks.

LNG containment system specialist GTT is acquiring a 75% stake in Singapore “smart shipping” company Ascenz as it strengthens its service offerings with the rise of LNG bunkering.