Singapore-headquartered AET, an owner and operator of crude and product tankers, confirms an order for two LNG dual-fuel suezmax tankers at Samsung Heavy Industries (SHI).
AET revealed the order on November 7 as part of its dual-fuel fleet expansion strategy.
In addition, the move will enable the company to have dual-fuel capability in all the tanker sectors it operates in – aframaxes, shuttle tankers, suezmaxes, and very large crude carriers (VLCCs).
According to AET, the newbuildings will feature Everllence 6G70ME-C10.5-GI main engine, designed for fuel efficiency and to minimise methane-slip.
The ships will also be equipped with SVESSEL Intelligent Smart Ship Solution for real-time monitoring and data-driven optimisation of performance and safety, SAVER Stator-D (Duct), SARB (Rudder Bulb) and SAVER-Fins for enhanced hydrodynamic efficiency and reduced fuel consumption, as well as Variable Frequency Drive (VFD) systems and a hybrid vertical bow design that further improves propulsion efficiency and lowers emissions.
Nick Potter, president and chief executive officer of AET, said: “This marks another important step in building a more sustainable fleet and supporting our customers’ decarbonisation ambitions. With these newbuilds, our dual-fuel fleet will grow to 18 vessels, a clear demonstration of the progress we’re making in delivering more energy with less emissions.
“Through continued collaboration with industry partners, we’re investing in technologies that deliver lower-carbon energy solutions today while keeping firmly on course towards a 40% reduction in greenhouse gas emissions intensity by 2030 as part of our Energy Transition Strategy.”
AET currently operates 11 LNG dual-fuel vessels (9 owned, 2 in-chartered) and has 2 newbuilds in-charter with Singfar. The addition of these 2 newbuilds will bring the total to 15 LNG dual-fuel vessels in AET’s fleet with a further 3 ammonia dual-fuel newbuilds underway.
Headquartered in Singapore with commercial and operational offices in Malaysia, the US, the UK, Norway, Brazil, and Uruguay, AET is a wholly-owned subsidiary of Malaysian energy logistics group MISC Berhad.
