Hafnia announced that it ordered four 49,800 deadweight dual-fuel Methanol Chemical IMOII Medium-Range (MR) Newbuilds, constructed out of Guangzhou Shipyard International (GSI), in China.
In particular, in 2023, Hafnia took delivery of two of its four Liquified Natural Gas (LNG) dual-fuel LR2 Product Tankers – the Hafnia Languedoc and Hafnia Loire, also built out of GSI, with the two remaining vessels to be delivered up to 2024. The Hafnia Languedoc and Hafnia Loire are both on a Time-Charter agreement to TotalEnergies.
As informed, the use of green methanol onboard eliminates local pollutants, including SOx and Particulate Matter (PM), cuts NOx emissions by 60%, and reduces CO2 emissions by close to 100% on a tank-to-wake basis versus conventional marine fuels.
Three of these four vessels will be delivered in 2025, with the fourth delivered in 2026. All four vessels are fixed via Time-Charter to TotalEnergies shipping entity CSSA for a multi-year period.
The cost of the new fuels’ technologies, if unsupported by long-term contracts, will have most owners refrain from taking the financial risk of the future fuel’s technology alone on otherwise already expensive assets.
…said Søren Steenberg Jensen – Head of Asset Management.
This deal marks the second time Hafnia partners with TotalEnergies in taking joint steps to develop low-carbon shipping solutions.
As the IMO just decided new ambitious targets to decarbonize shipping, TotalEnergies is mobilized to enable the development of low carbon shipping. The dual-fuel methanol propulsion of the chartered MR tankers will offer highly valuable fuel flexibility and the actual capability for TotalEnergies to steer the decarbonization of its shipping activity, in line with the Company’s ambition.
…said Jerome Cousin, Senior Vice President of Shipping at TotalEnergies.
