Our latest Annual Review is out! It captures how we’re delivering for our customers, strengthening partnerships and accelerating progress on safety, operational excellence, and our energy transition strategy.
It’s been wonderful engaging with many of you since joining in March. During this time, I gained deeper insights into the values and vision that drive AET.
Our crude and product specialised tanker fleets are fully connected allowing robust and comprehensive services in all geographies, resulting in the safe and successful delivery of over 10 billion barrels of petroleum cargoes over the past decade.
We offer best-in-class integrated STS lightering and conventional voyage services that deliver synergy and provide customers with a one-stop shop to meet all their needs. We have performed more than 16,000 STS transfers and are a market leader in the US Gulf region.
AET is a leading owner-operator of DPSTs. These vessels are the crucial link between offshore production assets located in extreme environmental conditions and the discharge port.
We are dedicated to leading the charge in maritime decarbonisation. Our commitment is to drive AET and the broader shipping industry toward a future of delivering more energy with fewer emissions. As a proactive shipowner, we turn ambition into action.
Our Energy Transition Strategy #deliveringProgress
Our Energy Transition Strategy aims to deliver more energy with less emissions to meet the world’s need for energy security and society’s demand for lower emissions. This ambitious, yet pragmatic, strategy is anchored on three pillars:
Resilient Core
Profitable New Energy
Decarbonisation
AET 2030 Aspirations
Our Energy Transition Strategy aligns with our AET2030 aspirations
40% reduction in GHG emissions reduction from 2008 baseline
50% increase in cashflow from operations compared to 2022 baseline, with half of the increasing coming from new energy
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