• 2024 May 16 11:42

  MOL and TotalEnergies sign time charter contracts for 2 newbuilding LPG-fueled LPG carriers

  

  Mitsui O.S.K. Lines, Ltd. today announced that through its group company MOL Energia Pte. Ltd., it signed a time charter contract for two liquefied petroleum gas (LPG) dual-fuel very large gas carriers (VLGCs) with a subsidiary of TotalEnergies, CSSA Chartering and Shipping Services SA (CSSA). The vessels will be built by Hyundai Samho Heavy Industries Co., Ltd. in South Korea and are scheduled for delivery in 2026, according to the company's release.

  The dual-fuel vessel can run on either LPG or conventional heavy oil, and when LPG is used as fuel, CO2 emissions can be reduced by about 20% and sulfur oxides (SOx,) particulate matter (PM), and so on by about 90% compared to heavy oil. In addition, the specifications allow for the transport of ammonia as well as LPG. Ammonia, which emits no carbon dioxide during combustion, is expected to increase in demand in the future as a next-generation clean energy source.

  A multinational energy company headquartered in France that produces and supplies oil, biofuels, natural gas, green gas, renewable energy, and electricity. TotalEnergies employs more than 100,000 people in the energy business to bring affordable, environmentally friendly energy to the masses.

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2024 October 31

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15:23	HHLA raises expectations for fiscal year 2024
14:59	Major fire extinguished at UK nuclear submarine yard
14:16	AD Ports Group and Somali Ministry of Fisheries & Blue Economy sign MoU for maritime sector development
13:44	Maersk reports Q3 results
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2024 October 30

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14:55	DNV and LR grant AiP to HD Hyundai Heavy Industries for ammonia duel-fuel large container vessel
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13:32	Maersk signs long-term methanol sourcing deal
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2024 October 29

18:00	The U.S. Environmental Protection Agency announces selections for nearly $3 bln of investments in Clean Ports
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16:10	World’s first electric hydrofoil ferry line takes off in Stockholm
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2024 October 28

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16:47	Wan Hai Lines orders eight 16,000 TEU methanol dual-fuelled containerships from Hyundai Samho Heavy Industries and Samsung Heavy Industries
16:24	BASF and AM Green enter MoU to jointly evaluate opportunities in low-carbon chemicals in India
15:59	Guangzhou Shipyard International delivers first of four ro-pax ferries to MSC
14:45	China’s first deep-sea multi-functional scientific research and archaeological vessel completes sea trials
14:24	OMS Group invests in cable-laying vessels to help meet growing global telecommunication demand
13:13	China Classification Society issues AIP Certificate for new ship types of CSSC Huangpu Wenchong Shipbuilding
12:43	Wärtsilä Lifecycle Agreement will optimise performance and reliability of seven Capital Gas LNG carriers
12:12	Panama Canal presents financial results for FY24
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2024 October 27

15:07	Austal USA kicks off construction of a new manufacturing facility for submarine modules
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