Shipping in Equinor
With over 150 ships at work for us on the Norwegian continental shelf, including supply, standby, anchor handling vessels and approximately 100 tankers, we are a significant charterer in the shipping market.
The Equinor shipping fleet
Our seaborne transportation of crude, gas liquids and LNG volumes involves more than 4300 voyages worldwide per year and moves over 100 million tonnes annually.
Today, over 150 ships are at work collecting and transporting oil, fetching and bringing equipment and providing emergency standby services just for Equinor – an enormous number of transport movements.
Equinor’s greener shipping
We have contracted four new low carbon shuttle-tankers that will come into our fleet during 2020 and are part of a comprehensive newbuilding plan for our shipping fleet.
- 14 newbuildings will be put into operation in Equinor’s shipping fleet in 2020, most in the North Sea and two in Brazil.
- Equinor’s ambitions in offshore wind will be yet another driver for greener shipping.
- Viking Energy will be the world’s first ammonia-powered supply vessel. The ship was also the first in Equinor’s fleet to operate on LNG.
- The ocean, and the expertise associated with it, is one of Equinor’s priority areas. Green shipping is a natural part of this commitment.
The vessels are equipped with new carbon-efficient technologies such as dual fuel LNG, LVOC (Liquified Volatile Organic Compounds) to be blended with LNG as fuel, and large hybrid batteries.
A wide variety of measures are employed to reduce emissions from our logistical operations:
- Planning efficient sailing routes and optimal utilisation of vessels and helicopters
- Fuel consumption as one of the evaluation criteria in awarding new vessel contracts.
- We have introduced requirements in our long-term contracts stating that supply vessels must have hybrid battery operation and be prepared for shore power.
- Incentives in the vessel contracts to reduce fuel consumption: shipowners are paid if their emissions are lower than agreed, and they must pay a surcharge if their emissions are higher than agreed.
What are possible alternative fuels for ships?
The Green Shipping Programme
Norway is establishing a programme to achieve the world’s most efficient and environmentally friendly shipping.
The Green Shipping Programme aims to find scalable solutions for efficient and environmentally friendly shipping. The results will be cost-effective emission cuts, economic growth, increased competitiveness, and new jobs in Norway. Authorities and industry actors are participating in the programme and are working together to achieve these goals.
What we will achieve:
- Profitable emission reductions
- Sustainable logistics
- Cargo owners will achieve effective and sustainable logistic solutions.
- Green jobs
- Increased competitiveness
- International leadership position
- Norwegian shipping will be a showcase for the world, an incubator and platform for export of environmental technology and green transport services.