LNG

French energy major Total said it signed a pioneering agreement to charter its first two Very Large Crude Carrier-type oil tankers equipped with liquefied natural gas propulsion.

Sea-LNG, a global coalition of energy and shipping companies backing the increased use of liquefied natural gas as a maritime fuel, has put the economics case for newbuild Pure Car and Truck Carriers (PCTC) on Pacific and Atlantic trade lanes to be powered by LNG.