Equinor Joins Forces With Bergen Tankers for Low-Emission Hybrid Ships

Core Insights - Equinor ASA has signed a long-term time charter agreement with Bergen Tankers to acquire two electric hybrid oil and chemical tankers, emphasizing its commitment to sustainability and reducing maritime emissions [7] - The vessels will feature electric hybrid controllable pitch propeller propulsion systems, designed for optimal efficiency, reduced energy consumption, and lower emissions, with adaptability to alternative fuels [1][3] - This initiative aligns with Equinor's broader sustainability goals, reinforcing its leadership in low-carbon maritime solutions [4] Company and Industry Overview - Bergen Tankers specializes in transporting refined oil products, chemicals, and LNG, with operations focused along the Norwegian coast, North Sea, and parts of the Baltic region [8] - The construction of the tankers will be carried out by Zhoushan Dashenzhou Shipbuilding in China, with each vessel having a capacity of 6,500 deadweight tons [3] - Investors may consider other energy sector stocks such as TechnipFMC plc, Oceaneering International, Inc., and Nine Energy Service, which have favorable Zacks rankings [5][10][11]