SHELL to Time Charter Dynamic Positioning AET Shuttle Tanker

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The AET has formally announced its first contract with SHELL to time charter its new-build dynamic positioning (IMO Class 2) shuttle tanker (DPST) in Brazil.

What happened?

For the first time, AET has contracted Shell to build and operate a dynamic positioning shuttle tanker and has opted to charter two new build LNG dual-fuelled Aframax vessels on long-term charter.On the other hand, Shell has already been using the shipping service offered by AET.

Statement released

A statement was released by AET President & CEO Capt. Rajalingam Subramaniam, “Shell has chosen to use our shipping services for many years and we were happy when the company opted to charter our two new build LNG dual-fuelled Aframax vessels on long-term charter earlier this year. But this is the first time we’ve contracted with Shell to build and operate a dynamic positioning shuttle tanker. I would like to thank Shell for their confidence in and continuing support to AET. My team and I are proud of this DPST contract award. We have a solid plan to build upon our successes in this portfolio supported with good Heath, Security and Environment (HSE) standards and operational excellence which will be the cornerstone of our sustainability journey. It is also a further manifestation of our drive to consistently provide better energy-related maritime solutions and services for our global customers”.

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SourceAET