Although the macro scenario is still positive, more than 40% of LNGC projects under construction is behind schedule or slowing down, which has reduced GTT’s expected orders from 52 to 37 by 2022. As a reminder, LNG carriers remain GTT’s main activity, contributing 83% to sales in 2017.

20 Feb 2018
Strong 2017 sets foundation for future years

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Strong 2017 sets foundation for future years
B90 Holdings plc (B90:LON) | 2.4 0 0.0% | Mkt Cap: 10.4m
- Published:
20 Feb 2018 -
Author:
Michael Campbell -
Pages:
20 -
Although the macro scenario is still positive, more than 40% of LNGC projects under construction is behind schedule or slowing down, which has reduced GTT’s expected orders from 52 to 37 by 2022. As a reminder, LNG carriers remain GTT’s main activity, contributing 83% to sales in 2017.