Cochin Shipyard to sign with GTT and start LNG ship construction

Cochin Shipyard to sign with GTT and start LNG ship construction

Cochin Shipyard is expected to sign a deal with France’s Gaztransport & Technigaz (GTT) to become India’s first shipbuilder to construct LNG vessels. New Delhi is keen to get local yards building more advanced ship types and local lines such as Shipping Corporation of India will be told to order locally.

The Gas Authority of India Ltd (GAIL) has already contracted substantial LNG from the US to be shipped over the next 20 years. New Delhi has stipulated that at least three of the nine LNG carriers needed to ship the American gas must be built on Indian soil.

 

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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