GTT Achieves Key Approval for Innovative Ethane Cargo Containment Systems from Bureau Veritas

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Gaztransport & Technigaz (GTT), a world leader in the design of membrane containment systems for the transport and storage of liquefied gases, has announced a significant achievement in securing Approval in Principle (AiP) from Bureau Veritas, a global leader in testing, inspection, and certification services. This approval pertains to GTT’s innovative ethane cargo containment systems, a major step forward in the transportation of ethane by sea.

Ethane is a critical component in the global chemical and energy sectors, and its transportation requires advanced containment solutions to ensure safety, efficiency, and environmental protection. GTT’s ethane containment system has been designed to meet the increasing demand for more sustainable and effective methods of transporting liquefied gases, particularly in regions where ethane is a key feedstock for petrochemical production.

The AiPs granted by Bureau Veritas confirm that GTT’s ethane containment technology meets the stringent international safety and operational standards required for the safe transportation of liquefied ethane. The approval is a crucial milestone for GTT and its clients, as it paves the way for the implementation of this technology on new vessels, enabling a more robust global supply chain for ethane.

GTT’s new ethane containment solution is based on the proven membrane technology used in its existing LNG (liquefied natural gas) carriers but has been specifically tailored to meet the unique requirements of ethane. One of the main challenges in transporting ethane is its low boiling point, which requires advanced insulation and pressure control systems to ensure that the gas remains in its liquid state during transit. GTT’s innovative design addresses these challenges while also optimizing storage capacity and minimizing the environmental impact of the cargo.

The AiP from Bureau Veritas represents a crucial step toward the commercial deployment of this technology. It signifies that the system has met all the safety, technical, and regulatory requirements set out by global maritime standards. This approval further underscores GTT’s reputation as a leader in developing cutting-edge solutions for the maritime transport of liquefied gases, reinforcing the company’s position in a rapidly evolving market.

“We are extremely pleased to receive the AiP for our ethane cargo containment system from Bureau Veritas,” said Philippe Berterottière, CEO of GTT. “This is an important achievement for GTT and a testament to our commitment to delivering innovative and sustainable solutions for the transportation of liquefied gases. It also reinforces our strategic focus on diversifying our product offerings to meet the evolving needs of the global energy and petrochemical markets.”

The successful approval of GTT’s ethane containment system is expected to support the growing demand for ethane transport in the coming years, driven by increasing global production and consumption of ethane, particularly in emerging markets. This development also marks a significant milestone in the continued evolution of GTT’s advanced containment technologies, positioning the company to meet the future needs of the global maritime transport industry.

As the energy sector continues to evolve, GTT’s innovative solutions for liquefied gas containment will play a key role in ensuring the safe, efficient, and sustainable transportation of essential commodities like ethane.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.