AET, the petroleum logistics unit of Malaysia’s MISC, has won its first contract with Shell in Brazil to time charter one new-build dynamic positioning (IMO Class 2) shuttle tanker (DPST). No length of contract or financial details were disclosed.
AET Tankers, the petroleum transportation unit of Malaysia’s MISC, is building on its relationship with Brazilian national oil company Petrobras, winning another, bigger shuttle tanker contract.
Wärtsilä’s Fuel Gas Supply Systems are seeing increasing acceptance, reaching the significant milestone of the 100th order for its LNGPac system since its introduction in 2009 which has played a key role in establishing the viability of liquefied natural gas (LNG) as a marine fuel.
MISC petroleum tanker unit AET has sealed a long-term charter for its two newbuild LNG dual-fuelled Aframax tankers with Shell International Trading and Shipping Company.
ABB has won an order from Samsung Heavy Industries to equip two new shuttle tankers, to be built for AET and contracted to leading offshore operator Statoil, with a comprehensive scope of future-proof solutions expected to deliver better efficiency and lower emissions than any comparable tanker.
The Society Gas as a Marine Fuel (SGMF) believes that 2018 will be the “tipping year” for LNG as a fuel for ships.
Tanker owner AET expects to add an LNG dual fuel option to half its fleet in the coming years.
Malaysian oil and gas shipping firm MISC remains cautious on expansion despite the stabilising oil price and asset expansion will only be driven by secured long-term employment or contracts, local media reported.