GTT sees revenue rise as it continues to book new orders

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By Mirza Duran French LNG containment specialist GTT posted a 66.2 percent rise in revenue in the first half as it booked eighteen new orders.

For illustration only (Image: GTT)

The company said its revenue reached 203.8 million euros ($240 million) in the January-June period.

Revenue benefited from the flow of orders over the last two years, it said.

The new orders include twelve LNG carriers, two FSUs, one FSRU, and three onshore storage tanks.

GTT’s order book stood at 135 units out of which 112 are LNG carriers as of June 30. This excludes LNG as fuel.

Considering the backlog in the order book and shipbuilding schedules, GTT’s

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