GTT Inside #32 - November 2024


Message from Jean-Baptiste Choimet, CEO of GTT

JB Choimet GTT

We are navigating a period of profound transformation, where energy efficiency and sustainability have become critical priorities across industries. At GTT, our commitment is to provide innovative technological solutions that empower our clients in their transitions toward a more sustainable future. By consistently pushing the boundaries of technical excellence and demonstrating boldness, we position ourselves as a key player in the decarbonization journey. An ambition fuelled by the dedication of our teams, who are the cornerstone of our collective success. 

Reflecting this vision, we have also chosen to revamp GTT Inside, our Group newsletter. This transformation goes beyond a simple change in format; it underscores our renewed commitment to our core mission : to channel our passion for innovation and technical excellence into building a sustainable world.

In this edition, you will discover insights into recent milestones, such as the successful delivery of the world's largest onshore LNG storage tanks at the BGG Tianjin Nangang LNG terminal in China, and the progress of our Mark III ‘Multifuel Ready’ technology. You will read about our pioneering partnership with Lloyd’s Register on a ground-breaking 200,000 m³ LNGC design, and on an ambitious collaboration with TotalEnergies, LMG Marin France and Bureau Veritas to develop a liquefied hydrogen carrier. Finally, this issue includes the latest announcements from GTT and its subsidiaries, as well as upcoming events to which you can connect with us in the months ahead.

These projects reflect our commitment to anticipating future needs, driving forward innovation, and embedding sustainability at the core of all we do. Together, let’s continue building this promising future.

Thank you for your continued trust and dedication.


TECH IN FOCUS
The Last Step of the BGG Tianjin Nangang LNG Terminal Adventure

After the commissioning in November 2023 of the first two 220,000 m³ LNG membrane tanks of the Beijing Gas Group Tianjin Nangang LNG Terminal (BGG terminal), the next four corresponding to Phase II of this colossal project were commissioned at the end of June 2024. With the ongoing start-up operation of the last two tanks of the phase III, the BGG terminal construction is coming to an end, four years after the initial stages of the project.


PIONEERING PROGRESS
Preparing for a Multi-Fuel Future with GTT’s Mark III Technology

The shipping industry, responsible for approximately 3% of global CO2 emissions, is under increasing pressure to reduce its environmental impact. Global and regional regulations are pushing for lower emissions, but the path forward remains complex and uncertain. While Liquefied Natural Gas (LNG) has established itself over the past decade as a viable marine fuel beyond its traditional use in LNG carriers, alternative fuels like ammonia and methanol are being actively explored. However, these alternatives face significant challenges, including supply constraints, readiness of large engine technology, and infrastructure development.


INDUSTRY HORIZONS
GTT’s latest 200,000 m³ LNGC Concept

3 questions to Panos Mitrou, Global Gas Segment Director, at Lloyd’s Register, on GTT’s latest 200,000 m³ LNGC design featuring slow-steaming navigation and integrating three-cargo tank.


SUSTAINABILITY CORNER
Large-Scale LH2 Carrier: Advancing Hydrogen Transport

GTT’s innovative 'Ballast-Split' design involves dividing ballast tanks to effectively reduce liquid motion and optimize boil-off rates. By strategically partitioning these tanks, GTT aims to address the challenges posed by partial cargo loading, particularly in the 10 to 40% tank height range where significant loads on the containment system are encountered. Through this article, we delve into the rationale behind the 'Ballast-Split' design, its operational implications, and its potential to set new standards for LNG carrier performance.