Total Energies has signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600cbm capacity.
This new vessel will expand the Company’s global presence in bunkering hubs. In particular, this additional vessel might be deployed in Oman, where the Company is developing the Marsa LNG Project with the objective to provide LNG to the shipping sector in the Gulf.
The vessel, owned by Ibaizabal, will supply LNG to a wide range of vessels (containerships, tankers, large cruise ships, ferries) at TotalEnergies’ LNG bunkering hubs and meet the highest technical and environmental standards.
Used as a marine fuel, LNG is an immediately available transition fuel that reduces greenhouse gas (GHG) emissions in the shipping sector by around 20%. It also significantly improves air quality by reducing nitrogen oxides (emissions by up to 85%, and it almost completely eliminates (by 99%) sulphur oxides and fine particles.
Rapid pace
“With new LNG-fuelled vessels coming on stream at a rapid pace, we are committed to playing our part in responding to the sector’s increasing demand for this fuel which can help global shipping meet its decarbonization ambitions,” stated Louise Tricoire, TotalEnergies Senior Vice President, Aviation and Marine Fuels.
“Ibaizabal is honoured to be chosen to carry out this Project as it falls within our strategy of decarbonizing the maritime industry, together with a leading company in the LNG field, while enhancing the already long-term relationship in shipping with TotalEnergies,” remarked Jorge Zickermann, CEO, Ibaizabal Group.
TotalEnergies is the world’s third largest LNG player with a global portfolio of 44 Mt/y in 2023 thanks to its interests in liquefaction plants in all geographies, a press communique concluded.
