V.Ships to manage AET’s LNG-powered VLCC

UK-based V.Ships, a unit of V.Group, said it has won a contract to manage the LNG-powered very large crude carrier, Eagle Valence, owned by Malaysia’s AET and chartered by France’s TotalEnergies.

Last month, AET and TotalEnergies named the vessel, one of the world’s first LNG dual-fuel VLCCs, at the Samsung Heavy Industries shipyard in Geoje, South Korea.

This is the first out of two dual-fuel VLCCs that will go on long-term charter to TotalEnergies. AET and TotalEnergies signed the deal in April 2020.

According to its AIS data provided by VesselsValue, the 300,000-dwt tanker left the Korean yard some three weeks ago. It was located in the Malacca Strait, off Malaysia, early on Tuesday.

V.Ships said it would manage the vessel via its office in Nantes but it did not provide any additional information regarding the contract.

The company already operates the 18,600-cbm LNG bunkering newbuild, Gas Vitality, chartered by TotalEnergies and owned by Japan’s MOL.

Earlier this year, this newbuild has completed the first ship-to-containership LNG bunkering operation in the French port of Marseille Fos.

Most Popular

Excelerate says purchased LNG carier set for FSRU conversion

US FSRU player Excelerate Energy confirmed on Monday that its recently purchased LNG carrier Excelerate Shenandoah is the company's first FSRU conversion candidate.

Excelerate working to expand Jamaican LNG business

US FSRU player Excelerate Energy has already made some smaller investments to further optimize its recently acquired LNG business in Jamaica, according to CEO Steven Kobos.

Nebula’s AG&P LNG to take FID on Venice Energy’s LNG project in 2025

Nebula Energy’s AG&P LNG is expected to make a final investment decision on Venice Energy's FSRU-based LNG import project in the Port of Adelaide, South Australia, later this year after it agreed to buy the project.

More News Like This

NextDecade secures equity commitments for fourth Rio Grande LNG train

US LNG firm NextDecade has secured up to $1.8 billion in equity commitments from TotalEnergies and Global Infrastructure Partners to finance the construction of the fourth train at its Rio Grande LNG facility in Texas.

Hudong-Zhonghua to build another LNG bunkering vessel for TotalEnergies

China’s Hudong-Zhonghua said it had secured another order to build one 18,600-cbm LNG bunkering vessel for French energy giant TotalEnergies and Spain's shipping firm Ibaizabal.

TotalEnergies working on Mozambique LNG restart, CEO says

France's TotalEnergies and its partners in the giant Mozambique LNG project are still working with the Mozambique government on restarting construction on the 12.8 mtpa project, according to Patrick Pouyanne, CEO of TotalEnergies.

TotalEnergies reports higher LNG sales, lower earnings

French energy giant TotalEnergies reported higher LNG sales in the second quarter of this year, while its integrated LNG business logged lower adjusted net operating income due to lower prices.