GTT has technological expertise in containment systems with cryogenic membranes and its membranes have been widely chosen as the cargo containment and insulation system for the large LNG carriers, onshore and offshore applications.
Yangzijiang Shipbuilding Holdings (YZJ) will be able to start building large LNG vessels after entering into a technical assistance and license agreement with French naval engineering company GTT. LNG vessels are vessels used for carrying liquefied natural gas (LNG).
YZJ, a shipbuilding company based in China and a Straits Times Index component company listed on the SGX Mainboard, obtained the GTT license for the construction of vessels using GTT Mark III membrane technologies and is the first active private shipyard in China to obtain the license.
