Total Marine Fuels Global Solutions (TMFGS) and Mitsui O.S.K. Lines (MOL) have entered into a long-term charter contract for a 18,000 cubic metre (m3) liquefied natural gas (LNG) bunkering vessel.
The ship will be built by Hudong-Zhonghua Shipbuilding in China and fitted with the Mark III membrane containment system provided by the French company GTT.
It is scheduled to be delivered in 2020 and operate in Northern Europe; it will be the first ever capable of supplying large quantities of LNG in one single bunkering operation.
Specifically, the vessel will be used to supply CMA CGM's newbuild LNG-powered mega container ships following the 10-year contract of 300,000 mt per annum signed with TMFGS in December 2017.
The newbuild vessel will be managed by MOL (Europe Africa) Ltd, a UK subsidiary of MOL.
“We are very proud to partner with MOL for our first LNG bunker vessel,” said Olivier Jouny, Managing Director of TMFGS.
“Their track record in LNG shipping already includes major achievements with Total.
“Combined with our strong historical activity in the bunker industry and our global footprint in LNG, this pioneer agreement offers a major contribution to the development of LNG as a marine fuel and illustrates Total's strong commitment towards the use of this new fuel.”
Beyond their historical commercial relationship, the two companies have also signed a Memorandum of Understanding to combine their expertise in the development of marine LNG infrastructures and serve MOL future LNG needs.
“We are delighted to be selected as a partner of Total Marine Fuels Global Solutions for their first LNG bunker vessel,” notes Takeshi Hashimoto, MOL Senior Managing Executive Officer, Energy Transport Business Unit at MOL.
“This is a key milestone for MOL and also a stepping stone to further enhancement of the two companies' relationship of not only in conventional fuels but also LNG as a marine fuel.
“We are confident that our joint technical and operational expertise will contribute positively to this new business development.”
Photo: Mitsui O.S.K. Lines
Published: 7 February, 2018
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