AET charters LNG-fueled VLCC pair to Total

Energy logistics provider AET signed an agreement with Total’s unit, Chartering and Shipping Services, for the time charter of two LNG dual-fuel VLCCs.

Image courtesy of AET

The two newbuilds are scheduled to be delivered to AET, a unit of the Malaysian shipping giant MISC, from the first quarter of 2022, AET said in a statement on Tuesday.

The two newbuilds will be powered by LNG and will be amongst the most environmentally friendly VLCCs in the market.

When in service, they will emit around 20 percent less CO2 greenhouse gases than conventional vessels, 85 percent less NOx and 99 percent less SOx. In addition, 99 percent fewer fine particles will be released.

Immediately, these vessels comply with IMO Tier III levels, IMO 2020 sulphur cap and represent a significant step towards the IMO’s ambition to reduce carbon emissions by 50 percent by 2050 from a 2008 baseline, the company said in a statement.

Total added in its statement that the supply of LNG for these two LNG-powered VLCCs will be provided by Total Marine Fuels Global Solutions, Total’s dedicated business unit in charge of worldwide bunkering activities.