AET

The group’s financial strength is built on a healthy mix of relatively stable income comprising limited spot business, more extensive time-charter activities, lightering operations and contracts of affreightment (COAs). This allows earnings to be smoothed across tanker cycles.  As at 31 December 2011 the AET financial statements show assets of US$3.2 billion.

As a private company AET publishes limited financial information in an annual review and a copy (2.72 MB) is available to download from here. A hard copy of the latest review is available, on request, by contacting the corporate communications team.

For prior years' reports, download from here (2007, 2008, 2009).