Total and Mitsui O.S.K. Lines sign a long-term charter contract for a pioneer LNG bunker vessel

    Members' News  | 

    Tokyo/Paris, February 06, 2018 - Total Marine Fuels Global Solutions (TMFGS) and Mitsui O.S.K. Lines, Ltd. (MOL) have signed a long-term charter contract for a large LNG bunker vessel of 18,600 m³, to be delivered in 2020. She will operate in Northern Europe and will be the first ever capable of supplying large quantities of LNG in one single bunkering operation.

    With this vessel, TMFGS intends to serve the emerging marine LNG market for the container ships segment, including those sailing on the Europe-Asia trade. She will be used in particular to supply CMA CGM’s new build LNG mega container ships, following the 10 years contract of 300 kt per annum signed with TMFGS in December 2017.

    This bunker vessel will be built by Hudong-Zhonghua Shipbuilding in China and fitted with the Mark III membrane containment system provided by the French company GTT. Highly manoeuvrable by design, with a length of about 135 meters, she will be able to operate safely in the considered harbours and terminals. She will meet the highest environmental standards through the use of LNG as fuel and a complete reliquefaction of the boil-off gas.

    The newbuild vessel will be managed by MOL (Europe Africa) Ltd, a UK subsidiary of MOL.

    This agreement is a significant milestone in the cooperation between MOL and Total Marine Fuels Global Solutions, with developments in both conventional fuels and LNG ahead of 2020 IMO sulphur regulations. Beyond their historical commercial relationship, the two companies have also signed a Memorandum of Understanding to combine their expertise in the development of marine LNG infrastructures and serve MOL future LNG needs.

    Olivier Jouny, Managing Director of TMFGS, commented on the decision: “We are very proud to partner with MOL for our first LNG bunker vessel. Their track record in LNG shipping already includes major achievements with Total. Combined with our strong historical activity in the bunker industry and our global footprint in LNG, this pioneer agreement offers a major contribution to the development of LNG as a marine fuel and illustrates Total’s strong commitment towards the use of this new fuel.

    Takeshi Hashimoto, MOL Senior Managing Executive Officer, Energy Transport Business Unit, said: We are delighted to be selected as a partner of Total Marine Fuels Global Solutions for their first LNG bunker vessel.  This is a key milestone for MOL and also a stepping stone to further enhancement of the two companies’ relationship of not only in conventional fuels but also LNG as a marine fuel.  We are confident that our joint technical and operational expertise will contribute positively to this new business development.

    About Total Marine Fuels Global Solutions

    Total Marine Fuels Global Solutions is Total’s dedicated business unit in charge of worldwide bunkering activities. Total Marine Fuels Global Solutions is the single point of contact for a full spectrum of solutions with innovative and efficient bunkering services. www.marinefuels.total.com.

    About Mitsui O.S.K. Lines

    Mitsui O.S.K. Lines, Ltd. (MOL), as a multi-modal transport group, meets the needs of the era in a wide variety of fields including dry bulkers such as iron ore carriers, coal carriers, and woodchip carriers, crude oil tankers, LNG carriers and offshore business, methanol carrier, chemical tankers, product tankers, car carriers, ferries, RORO ships, logistics, and containerships that carry a broad range of products.

    Total contacts

    Media Relations: +33 1 47 44 46 99 l presse@total.com l @TotalPress
    Investor Relations: +44 (0)207 719 7962 l ir@total.com

    MOL contacts

    Mitsui O.S.K. Lines, Ltd.

    Public Relations Office

    Telephone : +81 (3) 3587 7015
    Facsimile   : +81 (3) 3587 7705

    ParisSydney
    1 EUR1.57 AUD

    Calendar

    Our Patron Members

      • AFP
      • Accor
      • Air Liquide
      • AirFrance
      • Airbus
      • Alstom
      • Anl
      • Atlas
      • BNP Paribas
      • Bollore Logistics
      • Bouygues Construction
      • Bureau Veritas
      • Capgemini Australia
      • Citroen
      • Corporate Traveller
      • Credit agricole
      • Deloitte
      • Engie
      • Ernst and Young
      • Eurofins
      • GEODIS
      • GHD
      • HSBC
      • Havas
      • Holding Redlich
      • Investment Attraction South Australia
      • KPMG
      • Keolis Downer
      • Liberty Executive Offices
      • Loreal
      • Maddocks
      • Mazars
      • Michelin
      • Naval Group
      • PIch and Partners
      • Pernaud Ricard
      • Peugeot
      • Pierre Fabre
      • Powerfulpoints
      • PwC
      • Ramsay
      • Randstad
      • Renault
      • SOS International
      • Safran
      • Schneider
      • Sonepar
      • St Gobain
      • Suez
      • Tarkett
      • Technip
      • Thales
      • Total
      • VINCI
      • Veolia
      • Wheretofromhere
      • World Wide Printing Solutions

    Contact us

     

    Sydney (NSW Chapter)
    Level 26, 31 Market Street, Sydney NSW 2000
    T (+61 2) 9099 1320 | 
    nsw@facci.com.au

    Melbourne (VIC Chapter)
    Level 5, 121 Exhibition Street, Melbourne VIC 3000
    T (+61 3) 9027 5646
     vic@facci.com.au

    Brisbane (QLD Chapter)
    Central Plaza Two, level 18, 66 Eagle Street, Brisbane QLD 4000
    T (+61 7) 3076 1512 l qld@facci.com.au

    Perth (WA Chapter)
    Level 14, 197 St George Terrace, Perth WA 6000
    T (+61 8) 6141 3384 | wa@facci.com.au


    Adelaide (SA Chapter)

    T (+61 2) 9099 1320 sa@facci.com.au 

    Trade Services
    T (+61 3) 9027 5644 trade@facci.com.au

     

     

    © 2018 FRENCH AUSTRALIAN CHAMBER OF COMMERCE