Connect with us

Alternative Fuels

Hafnia and Socatra of France order methanol dual-fuel MR tankers from Chinese shipyard

Three of the four vessels will be delivered in 2025, with the fourth delivered in 2026; all four vessels are fixed via time-charter to TotalEnergies shipping entity CSSA for a multi-year period.

Admin

Published

on

post 56934

Oslo-listed product tanker owner and operator Hafnia on Tuesday (8 August) said it has concluded an order with joint venture partner Socatra of France for four 49,800 deadweight dual-fuel methanol chemical IMOII MR newbuilds, constructed out of Guangzhou Shipyard International (GSI), in China.

The order marked Hafnia’s first investment and step into the dual-fuel methanol landscape. In 2023, Hafnia took delivery of two of its four Liquified Natural Gas (LNG) dual-fuel LR2 Product Tankers – the Hafnia Languedoc and Hafnia Loire, also built out of GSI, with the two remaining vessels to be delivered up to 2024. The Hafnia Languedoc and Hafnia Loire are both on a Time-Charter agreement to TotalEnergies.

“The increasing momentum in green methanol-fueled vessels highlights its ability as a cleaner marine fuel, with a future-proofed and proven net-zero pathway, furthering Hafnia’s ambitions in meeting the IMO’s 2050 targets,” the firm said in a statement. 

Three of these four vessels will be delivered in 2025, with the fourth delivered in 2026. All four vessels are fixed via time-charter to TotalEnergies shipping entity CSSA for a multi-year period.

Søren Steenberg Jensen – Head of Asset Management, said: “Given the time it takes to build a vessel and the time it takes actually to start moving the needle on carbon emissions, it is important to act now and take proactive steps in decarbonizing the maritime industry.” Søren states 

“It does, however, require partnerships with Charterers, to make the financials work. The cost of the new fuels’ technologies, if unsupported by long-term contracts, will have most owners refrain from taking the financial risk of the future fuel’s technology alone on otherwise already expensive assets.” He continues “We are very proud to be partnering with long-standing customer TotalEnergies, who are very committed in actively driving this transition with us.”

The deal marked the second time Hafnia partnered with TotalEnergies in taking joint steps to develop low-carbon shipping solutions.

Jerome Cousin, Senior Vice President of Shipping at TotalEnergies, said, “As the IMO just decided new ambitious targets to decarbonize shipping, TotalEnergies is mobilized to enable the development of low carbon shipping. The dual-fuel methanol propulsion of the chartered MR tankers will offer highly valuable fuel flexibility and the actual capability for TotalEnergies to steer the decarbonization of its shipping activity, in line with the Company’s ambition.”

“We are also very pleased to expand the relationship with Hafnia, and its French partner Socatra to benefit from their expertise and deliver safe, low carbon, and efficient shipping services.”

 

Photo credit: Hafnia
Published: 14 August, 2023

Continue Reading

Newbuilding

Singapore: EPS orders ammonia, LNG dual-fuel vessels from China

EPS signed one contract for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International.

Admin

Published

on

By

300

Singapore-based Eastern Pacific Shipping (EPS) on Wednesday (28 February) said it signed two new contract orders in a signing ceremony in Shanghai, one for a series of ammonia dual-fuel bulk carriers with CSSC Beihai Shipbuilding and another for a series of LNG dual-fuel oil tankers with CSSC Guangzhou Shipbuilding International. 

The contracts signed cover four 210,000 dwt ammonia dual-fuel bulk carriers and two 111,000 dwt LNG dual-fuel LR2 oil tankers, expanding our fleet of green vessels on water. 

“These are pivotal for EPS, testament to our continued commitment towards the decarbonisation of shipping,” EPS said in a social media post.

Manifold Times recently reported EPS signing a contract for its first ever wind-assisted propulsion system, partnering with bound4blue to install three 22-metre eSAILs® onboard the Pacific Sentinel

The turnkey ‘suction sail’ technology, which drags air across an aerodynamic surface to generate exceptional propulsive efficiency, will be fitted later this year, helping the 183-metre, 50,000 DWT oil and chemical tanker reduce overall energy consumption by approximately 10%, depending on vessel routing.

Related: Singapore: EPS orders its first wind-assisted propulsion system for tanker

 

Photo credit: Eastern Pacific Shipping
Published: 1 March 2024

Continue Reading

LNG Bunkering

Malaysia: Port of Tanjung Pelepas completes first LNG bunkering operation

Landmark event involved the CMA CGM Monaco, a 14,024 TEUs containership operated by French shipping giant CMA CGM.

Admin

Published

on

By

299

Port of Tanjung Pelepas Sdn Bhd (PTP), a joint venture between MMC Group and APM Terminals, on Wednesday (28 February) announced a significant milestone with the successful completion of its first Liquefied Natural Gas (LNG) bunkering operation. 

The landmark event involved the CMA CGM Monaco, a 14,024 TEUs (Twenty-foot Equivalent Units) capacity containership operated by French shipping giant, CMA CGM.

Tan Sri Che Khalib Mohamad Noh, Chairman of PTP in a statement remarked this latest milestone demonstrates PTP’s commitment to continuously enhance its competitive advantages in an increasingly competitive global market.

“The successful completion of our first LNG bunkering operation also underscores our unwavering commitment to sustainability and environmental leadership. We are proud to partner with Petronas Trading Corporation Sendirian Berhad (PETCO) and CMA CGM on this initiative and showcase PTP’s capabilities as a leading facilitator of clean and efficient maritime operations.”

“This milestone paves the way for further growth in LNG bunkering at PTP, contributing significantly to the decarbonisation of the maritime industry.”

Commenting on this achievement, Mark Hardiman, Chief Executive Officer of PTP stated this latest milestone further highlights PTP’s position as the largest transshipment hub terminal in Malaysia.

“In preparation for the LNG bunkering operation, PTP worked closely since March 2022 with PETCO and CMA CGM, as well as with various other related government agencies to organise table-top exercises (TTX) and workshops, before carrying out the deployment exercise.”

“The success of the bunkering operation is a result of the seamless collaboration and preparations involving rigorous safety procedures through in-depth operational and risk assessments, modelling, and validation. We thank PETCO, CMA CGM all other involved parties for their joint efforts in operationalising the bunkering capability and we welcome partners to work with us to accelerate maritime decarbonisation,” said Hardiman.

Port of Tanjung Pelepas (PTP) is Malaysia’s largest transshipment hub with the capacity to handle 13 million TEUs annually. The port delivers reliable, efficient, and advanced services to major shipping lines and box operators, providing shippers in Malaysia and abroad with extensive connectivity to the global market. PTP is currently ranked 15th among the world top container ports.

 

Photo credit: Port of Tanjung Pelepas
Published: 1 March 2024

Continue Reading

Alternative Fuels

Wallenius Wilhelmsen to order four additional methanol DF PCTCs

Newbuilds will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

Admin

Published

on

By

Wallenius Wilhelmsen PCTC order

Roll-on/roll-off (Ro-Ro) shipping company Wallenius Wilhelmsen on Tuesday (27 February) declared options to build four additional next-generation Shaper Class pure car and truck carrier (PCTC) vessels.

The 9,300 CEU methanol dual fuel vessels can utilise alternative fuel sources, such as methanol, upon delivery. They will also be ammonia-ready and able to be converted as soon as ammonia becomes available in a safe and secure way.

“Together with our customers we are committed to further shaping our industry and accelerating towards net zero. These new vessels are a vital part of that journey,” says Xavier Leroi, EVP & COO Shipping Services.

This latest commitment brings the total number of Shaper Class vessels currently on order with Jinling Shipyard (Jiangsu) to eight. Wallenius Wilhelmsen also retains further options.

The first of the Shaper Class vessels already ordered are expected to be delivered in the second half of 2026. The four additional vessels under the declared options will be delivered between May and November 2027.

 

Photo credit: Wallenius Wilhelmsen
Published: 1 March 2024

Continue Reading
Advertisement
  • EMF banner 400x330 slogan
  • v4Helmsman Gif Banner 01
  • RE 05 Lighthouse GIF
  • Aderco advert 400x330 1
  • SBF2
  • Consort advertisement v2

OUR INDUSTRY PARTNERS

  • HL 2022 adv v1
  • Singfar advertisement final
  • Triton Bunkering advertisement v2
  • 102Meth Logo GIF copy


  • SMS Logo v2
  • Uni Fuels logo advertisement white background
  • E Marine logo
  • Innospec logo v6
  • Golden Island logo square
  • Manifoldtimes LogoAdv 300x300px
  • Central Star logo
  • CNC Logo Rev Manifold Times
  • pro liquid
  • Trillion Energy
  • Advert Shipping Manifold resized1
  • VPS 2021 advertisement
  • Headway Manifold
  • 400x330 v2 copy

Trending