1. NEWS

  2. NEWS

  3. Shell inks agreements to charter ten new crude tankers
Shell inks agreements to charter ten new crude tankers

Shell inks agreements to charter ten new crude tankers

Shell, based in the Hague, has signed agreements to charter ten new crude tankers operated by dual-fuel LNG engines.

A+A-

Shell said in a statement on Thursday that four very large crude carriers (VLCCs) had been chartered from Advantage Tankers, three from AET, and three from International Seaways.

Daewoo Shipbuilding & Marine Engineering will construct all ten ships in South Korea (DSME).

The first vessel in the series is scheduled to enter service in 2022 and will be leased to Shell for seven years.

These tankers will have the lowest possible methane slip and highest fuel quality, with on average 20% less fuel consumption than eco VLCC vessels on the water, thanks to the main engines and vessel configuration chosen for the ships.

Shell is continuing to invest heavily in LNG for its long-term charter fleet, with 14 vessels set to enter service by the end of 2021.

This order will bring the total global dual-fuel LNG fleet to 475 vessels, marking yet another important move toward the expected doubling of LNG-fueled vessels on the water by 2023, as ship owners respond to customer demands for the cleanest technologies available today.

Maritime Business World 

Previous and Next News

COMMENT ADD

WARNING: Do not use words containing insults, swearing and words against personal and religional beliefs. Comments containing capital letters will not be approved.