French membrane-type cargo containment system designer GTT is sitting on a record orderbook but is confident that the market is signalling strong future demand for LNG carriers.

Speaking in a results briefing, GTT chairman and chief executive Philippe Berterottiere said the long-term contracting of LNG volumes remains “dynamic”, which demonstrates that the LNG market is “profoundly sound”.

He said portfolio players and traders are investing heavily in long-term volumes that they will sell on, which is a sign of confidence in demand for LNG.