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

October 15, 2026
(l-r) Stephen Brown, Technology Manager, Shell; Francois Michel, Chief Executive Officer of GTT; Andrew McKeran, Chief Growth Officer, Lloyd's Register credit:LR

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.”

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