AET takes delivery of first of three DP2 shuttle tankers for Shell charter


Eagle Campos

KUALA LUMPUR: MISC’s wholly owned subsidiary AET has taken delivery of the first of three Suezmax Dynamic Positioning (DP2) shuttle tankers meant for long-term charter with global oil company Shell.

The Singapore-headquartered petroleum shipping subsidiary AET said the tanker "Eagle Campos” was purpose built for charter to Brazil Shipping I Ltd, a Shell wholly owned indirect subsidiary.

In a statement today, AET, the owner and operator of marine transportation and specialised services said it is committed to moving energy in a responsible and eco-friendly way. It added that these three Suezmax DP2 tankers will operate in the international waters and Brazilian Basin as per a December 2019 Shell agreement.

"Eagle Campos, the first in this series was delivered today. It will commence operations in Brazil, joining Eagle Pilar which AET already operates there for Shell.

"Eagle Campos’ two sister vessels are currently under construction at the Hyundai Heavy Industries (HHI) in Ulsan, South Korea. They are due for delivery later this year,” the group said.

AET has another five DP2 shuttle tankers under construction. These will be delivered this year, bringing their global Dynamic Positioning shuttle tanker fleet to 17, with 13 operating offshore Brazil.

Global director for the fleet Captain Amit Pal said the delivery of Eagle Campos is another milestone in the group’s growing partnership with the global oil giant.

"Constructing, fulfilling the stringent tests and delivering Eagle Campos safely during an ongoing pandemic is a huge achievement and evidence of the dedication of all involved.

"For AET, this latest delivery further fortifies our global position as a leading owner and operator of these highly specialised DP shuttle tankers. Eight vessels are currently operating in the Brazilian Basin including Eagle Campos.

"Witnessing the fruition of our agreement with Shell signifies the commitment from both parties to high-quality, safe and responsible operations,” he said. - Bernama

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

US weekly jobless claims fall amid stable labor market conditions
Indonesia says B50 biodiesel plan to boost palm oil use, cut fuel imports
Mida, Perodua organise ESG awareness session for local automotive vendors
AirAsia Group completes name change from AirAsia X
Sime Beyond Auto opens sixth BYD outlet in Sri Petaling
PTT Synergy disposes of land for RM17mil
Alpha IVF raises stake in Singapore unit to 96.5% after RM3.57mil rights subscription
Ringgit closes flat as FOMC minutes weigh on US dollar
Aizo bags RM9.1mil subcontract for Cheras TOD project
Exsim Hospitality bags RM63.5mil interior design job

Others Also Read