AET Secures DP2 Shuttle Tankers with Petrobras

Maritime Activity Reports, Inc.

May 28, 2018

Photo:  AET Tankers Pte Ltd

Photo: AET Tankers Pte Ltd

 Petroleum tanker owner and operator AET announced the extension of partnership in the DP2 shuttle tanker sector with Petróleo Brasileiro S.A.(Petrobras), the Brazilian multinational petroleum corporation.

 
"Recently we were awarded a contract to own and operate four specialist DP2 Suezmax Shuttle Tankers on long-term charter by Petrobras. These new vessels will be in addition to the two AET DP2 ships currently on charter in the Brazilian Basin for Petrobras," said a press release from the company.
 
The four 152,000 DWT DP2 shuttle tankers will be built by a Korean shipyard for delivery in 2020 and will be contracted to Petrobras for operations in international and Brazilian waters.
 
The vessels, compliant to IMO NOx Tier 3 requirement, will be built in accordance with Petrobras’ latest technical requirement for DP2 shuttle tankers and installed with a ballast water treatment system. Each will be equipped with high power thrusters and generators fully capable of operating in harsh weather conditions.
 
Our AET President & CEO Capt. Rajalingam Subramaniam,  said: “The 2010 Petrobras contract signalled AET’s entry into the shuttle tanker market and this allowed us to demonstrate our expertise and enhance our reputation in a more sophisticated arena of the petroleum logistics industry. Harnessing this experience, we continued to innovate and re-engineer our business and operations to ensure the services we deliver remain relevant to the evolving landscape and our customers’ changing needs. I am delighted that Petrobras has recognised AET’s capabilities and expertise in DP2 shuttle tanker operations with the award of this new contract.
 
Petrobras is one of the world’s leading oil and energy companies and I have every confidence that we will deliver the highest level of service provision whilst remaining firmly committed to setting new industry benchmarks for safe and responsible operations.”
 
Separately, in June 2017, AET was awarded a contract to build and operate two LNG dualfuelled DP2 Offshore Loading Shuttle Tankers for service in oilfields on the Norwegian Continental Shelf including the North Sea, Norwegian Sea and the southern Barents Sea; as well as the UK Continental Shelf. These ships will join the two existing AET DP2 shuttle tankers currently operating in that area. This is a further demonstration of AET’s drive to consistently provide better energy-related maritime solutions and services for its global customers. 
 
Maritime Reporter Magazine Cover Apr 2019 - Navies of the World

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News