Lloyd’s Register, Shell and GTT to explore hybrid-electric 200,000m³ LNG carrier concept

The project will explore how hybrid-electric propulsion and GTT NEXT1®cargo containment system technology could support potential improvements in LNG transport efficiency.
Lloyd’s Register , Shell and GTT have launched a Joint Development Project to develop a conceptual 200,000m³ LNG carrier combining hybrid-electric propulsion with GTT NEXT1® cargo containment technology.
By bringing together a larger-capacity vessel concept with hybrid-electric propulsion and GTT NEXT1® cargo containment technology, the partners aim to explore how future LNG carrier designs could transport more cargo, operate more efficiently and provide greater flexibility as industry requirements continue to evolve.
Under the JDP, the partners will work on the development and safety verification of the vessel’s hybrid-electric propulsion system, focusing on system architecture, redundancy philosophy and battery integration, while also exploring the commercial evaluation from a total cost of ownership (TCO) model. In parallel, the integration of GTT NEXT1® cargo containment technology will be assessed as part of the overall vessel concept.
The project will also establish technical requirements and guidance for hybrid-electric propulsion in LNG carrier applications, helping to support further technical understanding of the technology.
Constantinos Chaelis, Global Gas Segment Director, Lloyd’s Register, said: “The industry is under increasing pressure to move more energy with lower emissions and greater operational flexibility. Larger vessel concepts are being assessed for their potential, and this project will explore how hybrid-electric propulsion and cargo containment technology can support their technical and operational performance from a TCO perspective.
“By bringing together expertise from across the LNG value chain, we’re helping to develop technical foundations that could support further assessment of future LNG carrier concepts.”
Related News.
October 15, 2026
Hong Kong Global Maritime Trade Summit to return for third edition
The International Chamber of Shipping, in collaboration with the Transport and Logistics Bureau of the Government of Hong Kong and the Hong Kong…
October 15, 2026
Appetite for US crude oil exports climbs despite high freight
South Korea tops US crude destinations at 568,600 b/d VLCC rates to Asia double, closing arbitrage window European refining margins…
October 15, 2026
Shipping stocks Rally as Hormuz Traffic plunges 75%
Ship traffic through the Strait of Hormuz — a critical chokepoint handling about 20% of global crude oil and liquefied natural gas shipments — has…
October 15, 2026
Diana Shipping announces Time Charter Contract for m/v G P Zafirakis with Classic Maritime
Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
October 15, 2026
New IMO ESP Code framework for Remote Inspection Techniques
The International Maritime Organisation, through Resolution MSC.584(111) , has adopted amendments to the International Code on the Enhanced…
October 15, 2026
MOL holds giant step memorial ceremony and beach cleanup at Kashima Coast
Memorial and Reflection 20 Years After the Accident: Learning from the Past to Foster an Even Stronger Safety Culture Mitsui O.S.K. Lines, announced…
October 15, 2026
KEZAD-based Arabian Gulf Steel Industries achieves lowest verified Carbon Footprint for Rebar
CARES UK verified Environmental Product Declaration confirms 139 kg CO₂e per tonne for rebar produced at AGSI’s KEZAD Abu Dhabi facility Arabian…
October 15, 2026
Indian Register of Shipping announces launch of first fleet support ship INS Surya
Indian Register of Shipping continues to strengthen its role in supporting the Indian Navy and India’s naval shipbuilding capabilities through the…
October 15, 2026
VLCCs Climbing the Record Charts
LR2 The TC1 75kt MEG/Japan index decreased by only a single point this week to WS928. The corresponding Baltic round-trip TCE fell by $2,000 to…
October 15, 2026
xclusiv S&P Report 12th October 2026
Pls find below the [xclusiv] S&P Report 12th October 2026 [xclusiv] 2026_10_12
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























