GTT, COSCO Shipping LNG Investment Co., LTD. and COSCO Shipping Heavy Industry Co., LTD. sign a strategic cooperation agreement

Core Viewpoint - GTT, COSCO Shipping LNG Investment Co., LTD. (CSLNG), and COSCO Shipping Heavy Industry Co., LTD. (CHI) have signed a strategic cooperation agreement to enhance collaboration in the LNG sector, focusing on innovative solutions and educational training for young talents [1][2][3]. Group 1: Strategic Cooperation Agreement - The agreement marks the first collaboration between GTT and CSLNG, which specializes in LNG transportation project investment, shipbuilding, and management [1]. - The partnership aims to deepen cooperation in various LNG-related fields, including LNG carriers, ultra-large ethane carriers, floating liquefied natural gas, and fuel solutions for very large crude carriers [2]. - The agreement emphasizes the application of GTT's membrane technology and aims to foster innovation and project development [2]. Group 2: Company Profiles - GTT is a technology and engineering group with expertise in cryogenic membrane containment systems for liquefied gases, committed to supporting the decarbonization of the energy industry [4]. - CSLNG, a subsidiary of COSCO SHIPPING Energy Transportation Co., Ltd., focuses on LNG transportation project investment and management, having been operational since April 2005 [6]. - CHI is a large-scale heavy industry enterprise under China COSCO Shipping Corporation, integrating shipbuilding, offshore engineering, and technical support services, with nine shipyards and a strong reputation in ship repair and conversion [8][9].