Shell Signs Charter Agreements Bringing Newbuild LNG Carrier Total To 24
Shell Tankers (Singapore) Private Limited (“Shell”) has actually authorized arrangements for an additional 6 LNG ships with Knutsen LNG, Pan Ocean Co., Ltd., and also capitalists encouraged by J.P.Morgan Asset Management The 174,000 cbm LNG ships will certainly be constructed by Hyundai Heavy Industries and also Hyundai Samho Heavy Industries.
“These ships will be some 35% more efficient than required by the energy efficiency design index (EEDI) and 20% more than required by the annual efficiency ratio (AER), delivering significant emission reductions for our time charter fleet,” stated Grahaeme Henderson, Global Head of Shell Shipping & & Maritime.
“Working with partners across shipping sectors is key to achieving our ambition to help accelerate the industry’s progress towards net-zero emissions. We will continue to work with shipbuilders, equipment manufacturers and owners to look for opportunities to incorporate new emission reduction technologies as they become available.”
As component of Shell’s time-charter fleet, each ship’s efficiency will certainly be optimized by evaluating live information from the ships and also releasing Shell’s exclusive draft and also trim optimization software application, JAWS, to allow more effectiveness and also exhaust decreases. As with the various other ships of this course bought by Shell, they will certainly integrate the extremely most recent market safety and security techniques, consisting of MEG4-compliant moorings. They will certainly all be outfitted with effective dual-fuel X-DF engines, boil-off administration plants, air lubrication systems and also shaft generators for complementary power, in addition to optimised hull and also style rate.
Delivery will certainly happen from 2023. This order improves the long-term charters Shell revealed for 8 ships of the very same course in December 2019, 6 in August 2020, and also 4 in December 2020.
Reference: shell.com