London: The new Murex joined Shell’s technically managed fleet last week. She is one of five new LNG carriers that Shell will welcome from their owners, subsidiaries of Teekay LNG Partners L.P. by mid-2018. These vessels are powered by M-type, electronically controlled, gas injection (MEGI) engines which are more fuel efficient than other engine types used in LNG shipping, producing fewer emissions.

Dr Grahaeme Henderson, Vice President, Shell Shipping & Maritime said: “Welcoming the Murex and her four state-of-the-art sister vessels to our managed fleet is the perfect way to celebrate 125 years of delivering energy around the world. We are extremely proud of our long maritime history and continue to drive innovation in the industry.

“Shell operates one of the largest LNG fleets in the world and delivers flexible LNG supply to customers globally.  This new tonnage further positions Shell as a worldwide leader in LNG”.

The original coal-powered Murex was launched in 1892 and was the first oil tanker to pass through the Suez Canal. She was named after a sea shell, a practice that remains for Shell vessels to this day.

    Notes to Editors:

  • Today Shell directly manages around 40 LNG carriers and has over 50 on time charter, which collectively is around 20% of the global LNG fleet. There are 2,000 vessels associated with Shell on the water on any given day, including ships, barges, drilling rigs, supply boats, FPSOs, FSRUs, SBMs and the related operations that take place in ports and terminals.
  • The Murex and her four sister vessels joining Shell’s LNG fleet are technically managed by Shell International Trading and Shipping Co. Ltd. and are on time-charter to Shell Tankers (Singapore) Private Ltd.
  • Electronically controlled engines are significantly more fuel efficient and produce fewer emissions than other engine types used in LNG shipping. As an example, at 19.5 knots, the new builds will save up to 50-tonnes per day in fuel as compared to conventional steam vessels.
  • Shell believes that LNG is a flexible technology that brings gas to market in a rapid way. In doing so, it creates a business environment that fosters innovation and investment in new technologies.
  • Shell is a pioneer and a leader in the LNG industry with 50 years’ experience; we managed the first commercial voyage on LNG on the Methane Princess, we helped design and build the first commercial onshore export LNG plant in 1964, – and we have been designing and building such plants ever since.
  • The latest LNG carrier is the fifth vessel named the Murex to join Shell’s fleet.
  • More information on the beginnings of Shell can be found here

Enquiries:

James. Forth@Shell.Com

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges.  Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to companies over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations” respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This announcement contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. There can be no assurance that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this announcement. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2016 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, November 09, 2017. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

We may have used certain terms, such as resources, in this announcement that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov

More in Shell Trading and Supply

About Shell Trading

The global network of Shell Trading companies encompasses Shell’s trading activities in every major energy market around the world.