TotalEnergies Boosts LNG Bunkering Fleet
Company Announcements

TotalEnergies Boosts LNG Bunkering Fleet

TotalEnergies SE (FR:TTE) has released an update.

TotalEnergies has expanded its LNG bunkering operations by signing a charter contract for a new 18,600m³ LNG bunker vessel with Spanish shipowner Ibaizabal, set to be delivered by the end of 2026. The vessel will serve various ships at TotalEnergies’ global bunkering hubs and support the company’s efforts to reduce shipping emissions with LNG as a cleaner fuel alternative. This move is part of TotalEnergies’ broader strategy to grow its natural gas segment and reduce carbon emissions in line with its sustainability goals.

For further insights into FR:TTE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyTotalEnergies price target lowered to EUR 64 from EUR 70 at Morgan Stanley
TipRanks UK Auto-Generated NewsdeskTotalEnergies SE Buys Back Over 2 Million Shares
TipRanks UK Auto-Generated NewsdeskTotalEnergies Unveils 2024 Energy Outlook with Key Scenarios
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App