GTT and Chantiers de l’Atlantique put an end to their disputes

Paris – November 25, 2015. GTT, the world leader in the design of membrane containment systems for the maritime transportation and storage of LNG (Liquefied Natural Gas), announces that it has signed a settlement agreement with Chantiers de l’Atlantique, putting an end to all lawsuits opposing the two sides since 2006. Both parties also agreed on the sale by Chantiers de l’Atlantique of a patent portfolio concerning specific LNG membrane containment technologies.