AET orders shuttle tanker for Shell charter

AET orders shuttle tanker for Shell charter

AET, the tanker unit of Malaysia’s MISC Group, has officially reached an agreement with Shell for the time charter of a newbuild shuttle tanker in Brazil.

The 152,700 dwt tanker, which will be compliant to IMO NOx Tier 3 requirements, is expected to be delivered by a South Korean shipyard in the fourth quarter of 2020.

“Adding AET’s dynamic positioning vessel to our operations in Brazil supports our growing deep-water activities. It achieves this by providing us with increased flexibility for our crude trading business as we look to serve our global customers with Brazil’s growing offshore production. We look forward to building upon our relationship with AET to support our crude trading operations,” said Mark Quartermain, vice president of Shell Trading and Supply Crude.

In April, Shell chartered two newbuild LNG-fuelled aframax tankers from AET. The vessels are due for delivery from the third quarter of this year.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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