BRIEF-TFG Marine signs agreement with Consort Bunkers for four methanol carriage bunker tankers

July 29 (Reuters) - TRAFIGURA:

* TFG MARINE SIGNS AGREEMENT WITH CONSORT BUNKERS FOR FOUR NEWBUILD METHANOL CARRIAGE BUNKER TANKERS

* TFG MARINE IS JOINT VENTURE FOUNDED BY TRAFIGURA, FRONTLINE AND GOLDEN OCEAN

* SAYS 6,500-DWT IMO TYPE 2 TANKERS ARE BEING CONSTRUCTED BY MERCHANTS JINLING SHIPYARD IN NANJING, CHINA AND WILL BE OPERATED BY CONSORT BUNKERS FOR TFG MARINE

* DELIVERIES WILL COMMENCE IN LATE 2024 AND CONTINUE INTO 2025

* VESSELS WILL BE CAPABLE OF CARRYING TFG MARINE'S CURRENT RANGE OF MARINE FUELS, INCLUDING HSFO, VLSFO, MGO AND BIOFUELS UP TO B100, AS WELL AS ANY GRADE OF LIQUID METHANOL IN THE FUTURE