MISC President of Corporate Planning Zahid Osman is to take over the helm at its petroleum tanker arm AET from the beginning of June.

AET has taken delivery of a new second generation, fuel efficient suezmax shuttle tanker for long term charter to Royal Dutch Shell.

AET has delivery of the Eagle Petrolina, the first of four suezmax Dynamic Positioning (DP2) Shuttle Tankers purposed built for long-term charter to Petrobras, the Brazilian petroleum corporation.

MISC announced that its wholly-owned subsidiary AET Tanker Holdings has clinched long term charter contracts for three newbuilding suezmax shuttle tankers from Brazil’s Petrobras.

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...