ENXTPA:GTTOil and Gas
Is Samsung's New LNG Cargo Hold Technology Changing the Outlook for Gaztransport & Technigaz (ENXTPA:GTT)?
Earlier this week, Samsung Heavy Industries announced that an LNG carrier featuring its new Korean LNG cargo hold (KC-2C) technology had completed its first commercial voyage, promising improved airtightness and insulation and reducing dependence on Gaztransport & Technigaz’s established systems.
This development signals a shift in the competitive landscape for LNG containment, highlighting South Korea’s push for technological self-reliance in a market historically dominated by GTT’s...