Total, firm seal new LNG charter deal

By The Rainbow
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Russia's largest shipping company Sovcomflot has secured a charter deal for its newbuild LNG tanker with Total.

Already, the two companies have concluded a time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier, to be owned and operated by SCF, with options for up to two additional vessels, SCF said in its statement on Thursday.

The new vessel will be the latest in a series of SCF's new-generation conventional Atlanticmax LNG carriers, with three sister ships already in operation, SCF La Perouse , SCF Barents and SCF Timmerman .

The vessel will be fitted with an X-DF propulsion system, operated by a slow-speed diesel engine with a direct drive to the propellers, which will enable a substantial reduction in the vessel's fuel consumption when compared with previous generations of LNG carriers.

The new carrier will also be fitted with a hull air lubrication system which, combined with two shaft power generators with frequency-to-current converters, is expected to deliver a further significant decrease in fuel consumption and greenhouse gas emissions.

World Maritime News explained that another environmental feature of this series of new-generation vessels is a partial re-liquefaction system, which allows cargo boil-off gas to be returned to the tanks.Delivery of the LNG carrier to the charterer is scheduled for the third quarter of 2023.