SCF Group (PAO Sovcomflot) has signed time-charter agreements with Shell for two dual-fuelled Aframax tankers.
At a ceremony held during International Petroleum Week in London, the time charter agreements were signed by Evgeny Ambrosov, Senior Executive Vice-President of SCF Group, and Mark Quartermain, Vice-President of Crude Trading for Shell.
The vessels are part of a series of six SCF Group tankers currently under construction and due for delivery between 3Q18 and 1Q19. The two tankers will be on time charter to Shell for up to 10 years, with a minimum commitment of five years. This ‘Green Funnel’ series of ice class 114 000 deadweight LNG-powered Aframax tankers will operate within Shell’s extensive global freight trading network.
The vessels will also use Shell’s specialised LNG bunker vessels, such as the Cardissa, for fuelling in North West Europe. Shell will provide further supply points across North West Europe and the Baltic as it expands its LNG fuelling infrastructure.
Each tanker will have an ice class 1A hull, enabling year-round export operations from the Baltic. The technical specifications for the vessels have been developed by SCF Group’s engineering centre, with the close involvement of Hyundai Heavy Industries, and Russian shipbuilders (Zvezda shipbuilding complex, Primorsk region).
Total carbon emissions using LNG fuel can be reduced by 27%, with sulphur emissions reduced by 100%, nitrous oxide emissions down 85% and particulate matter emissions reduced by 100%. The vessels’ main engines, auxiliaries, and boilers will be dual fuel, capable of using LNG, and the vessels will also be fitted with Selective Catalytic Reduction (SCR) technology to comply with Tier III regulations governing NOx emissions when in gasoil fuel mode.
Evgeny Ambrosov, Senior Executive Vice-President of SCF Group, said: “Together, SCF Group and Shell are leading the development and adoption of LNG as a fuel within the tanker industry, committed to significantly reducing the environmental footprint of energy shipping. After proper experience of operating LNG-fuelled vessels, SCF Group will share its feedback on their performance with Zvezda shipbuilding complex, a Russian facility that is envisaged to commence the domestic construction of such large-capacity LNG-fuelled tankers by 2021. At SCF Group we have a strong sense of pride that Shell has chosen to partner with us in creating LNG-fuelled Aframax tankers.”
Mark Quartermain, Vice-President, Shell Crude Trading, said: “LNG fuel will play a fundamental role in the future energy mix. Chartering and fuelling these vessels highlights Shell’s commitment to LNG as emissions standards tighten. We look forward to continuing to build upon our strong relationship with SCF to support our trading operations in key areas.”
Read the article online at: https://www.hydrocarbonengineering.com/tanks-terminals/21022018/two-scf-group-lng-fuelled-aframaxes-time-chartered-by-shell/