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Total charters four LNG powered Aframax vessels to support emissions goal

26 Jan 2021

Total Marine Fuels Global Solutions and Total Lubmarine (collectively, Total) on Monday (25 January) said its latest drive towards emissions reduction in the shipping industry includes the chartering of four Aframax-type vessels equipped with Liquified Natural Gas (LNG) propulsion.

These vessels, each with a capacity of 110,000 tons of crude oil or refined products, will be delivered in 2023 and will join the time-chartered fleet of Total. The first two vessels will be chartered from ship owner Hafnia, and the remaining two from Viken Shipping.

The vessels have been designed with the most efficient LNG propulsion technologies to reduce emissions, allowing a significant decrease in Greenhouse Gases, of more than 5,000 tons per year and per ship compared to conventional vessels.

“This chartering contract is in line with our Climate Ambition and will contribute to our Net Zero carbon neutrality target by 2050 or before. This contract follows a similar one, signed earlier this year, for two LNG-powered VLCC (Very Large Crude Carriers), to be delivered in 2022,” said Luc Gillet, Senior Vice President Shipping at Total.

“LNG as a Marine Fuel remains the best and immediately available solution to reduce the carbon footprint of our shipping activities. With these four new vessels, we reaffirm our commitment to expand the use of cleaner marine fuels, for a more sustainable shipping.”

The bunker supply of LNG for these four LNG-powered vessels will be provided by Total Marine Fuels Global Solutions, Total’s dedicated business unit in charge of worldwide bunkering activities. The lubricants for main engines and auxiliaries will be provided by Total Lubmarine.

Total noted this latest investment is a reflection of the growing use of LNG-powered vessels globally.

There are currently approximately 200 LNG-fuelled vessels operating worldwide. Looking at current order levels across the board, the share of LNG-fueled vessels in the order book has increased sizably and reached almost all market segments:

  • 22% of the gross tonnage of vessels are LNG propelled (33% container vessels, 27% car carriers, 26% cruise liners, 20% tankers).
  • The number of LNG bunker vessels will also more than double in the next 2 years to 33 units.
  • 2019 saw a record year of final investment decisions (FID) on LNG supply projects highlighting the confidence and commitment to LNG.
  • And there is a global LNG bunker vessel capacity of 7.6 Mt pa – more than enough capacity to cover market growth in the coming years.

Total said it is the second largest player in LNG, actively participating in developing effective fuel and lubrication products, building industry standards, supporting clients through technical support and working with ports globally to help them develop bunkering strategies.

It added that with pioneering technology pioneering lubrication solutions are needed and ‘Talusia Universal’ is a product available for dual fuel mode that is LNG validated by WinGD.

“Through our aims of becoming Net-Zero by 2050 we are committed to supporting the global shipping industry reach their environmental goals and responsibilities through the combination of innovative products, technical support and a truly global infrastructure,” concluded Total.

Related: Total Lubmarine receives No Objection Letter from WinGD for ‘Talusia Universal

Photo credit: Total

Published: 26 January, 2021

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