^{Contract signing ceremony (TotalEnergies, Shell, OSM and SeaLoading), photo credit: Mitsui O.S.K.}

Japanese shipping conglomerate Mitsui O.S.K. Lines, Ltd. (MOL) has announced that a cargo transfer vessel (CTV) owned by its wholly owned subsidiary SeaLoading Holding AS in Norway, will be shared by TotalEnergies EP Brasil Ltda. with Shell Brasil Petróleo Ltda. through OSM Do Brasil Gerenciamento De Operações Marítimas Ltda.

The CTV SeaLoader 1 is employed by TotalEnergies in its operation since 2020 for transferring crude oil produced by FPSOs located in the Santos Basin off the coast of Brazil to tankers.

This new agreement reached allows Shell to also use the SeaLoader 1 to discharge its cargo. MOL considers Shell’s participation in the CTV business marks a major milestone for the future spread of CTVs in Brazil.

This agreement was possible due to the collaboration of TotalEnergies, which was the first company to use the CTV technology in Brazil and continues to be the priority user of SeaLoader 1.

MOL states that the two CTVs, owned by SeaLoading Holding AS and operating in Brazil, have realized more than 130 successful offloading operations.