Logo

AET orders LNG dual-fuel suezmax pair at Samsung Heavy Industries | LNG & LPG news

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.

Source

Related News

Danaos expands footprint in LNG with Glenfarne Ala...

15 hours ago

Harry N. Vafias-led C3is buys South Korean product...

16 hours ago

W.Africa Crude-Differentials ease amid high freigh...

17 hours ago

Russia’s oil and gas budget revenue set to sink 46...

17 hours ago

Europe Gas Prices fall on higher temperature forec...

18 hours ago