Milestone for Fairfield Chemical Carriers And MOL Chemical Tankers in LNG Bunkering

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Fairfield Chemical Carriers (FCC) and MOL Chemical Tankers (MOLCT) have reached a significant milestone in their decarbonization efforts with the successful bunkering of a chemical tanker. The vessel received 1,390 cubic meters of LNG from the bunker vessel FuelLNG Bellina via a ship-to-ship transfer, underscoring the companies’ commitment to reducing greenhouse gas (GHG) emissions, reports Offshore Energy.

About the vessel

Vessel Details:

  • Type: 26,222 DWT IMO 2/3 chemical tanker
  • Delivered: May 3, 2024, by Fukuoka Shipbuilding
  • LNG-Powered: This tanker is one of four dual-fuel LNG-powered stainless steel chemical tankers in Fairfield’s fleet.
  • Sister Vessels: Fairchem Pioneer and Fairchem Prestige

Fairchem Pioneer:

  • Launched: 2023
  • Certification: A rating by ClassNK for high decarbonization, environmentally friendly performance, and innovativeness.

Fairchem Prestige:

  • Launched: April 2024
  • Expected Delivery: November 2024

LNG Propulsion Technology:

  • The technology on these vessels is expected to reduce carbon dioxide emissions by up to 25% compared to traditional marine fuels.

Corporate Developments: Fairfield Chemical Carriers was recently acquired by MOL Chemical Tankers, a subsidiary of Mitsui O.S.K. Lines (MOL). The acquisition was finalized on March 1, 2024, following a share transfer agreement signed in September 2023, and approval from relevant competition law authorities. The acquisition price was approximately $400 million.

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Source: Offshore Energy