GTT and COSCO shipping (Qidong) Offshore sign a Technical Assistance and License Agreement for the construction of GTT Membrane Containment Systems
2023-11-30
Paris – 30 November 2023. GTT has signed a Technical Assistance and License Agreement (TALA) with the Chinese shipyard COSCO shipping (Qidong) Offshore, a subsidiary of China COSCO Shipping Corporation Limited, one of the largest integrated shipping and logistics companies in the world.
This new agreement enables the yard to construct GTT’s technologies, for offshore LNG units, such as FLNGs[1] or FSRUs[2] , as well as for Liquefied Gas Carriers.
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[1] Floating Liquefied Natural Gas. FLNGs are floating production storage and offloading unit that conducts liquefied natural gas (LNG) operations.
[2] Floating Storage Regasification Unit. Floating vessel that can transport, store, and re-gasify LNG.