Shell enters into an Agreement for Employment of MOL Group's CTV off the Coast of Brazil
	
		
				Japan, Aug. 25 -- Mitsui O.S.K. Lines, Ltd. (MOL) announced that a cargo transfer vessel (CTV) owned by its wholly owned subsidiary SeaLoading Holding AS, will be shared by TotalEnergies EP Brasil Ltda., which employs the vessel in its operation since 2020, with Shell Brasil Petroleo Ltda. through OSM Do Brasil Gerenciamento De Operacoes Maritimas Ltda.The CTV "SeaLoader 1" is employed by TotalEnergies for transferring crude oil produced by FPSOs located in the Santos Basin off the coast of Brazil to tankers. This agreement 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. Such a milestone was possible due ...
		
			
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