This year, AET marks a significant milestone in our history as a tanker owner and operator – we celebrate 25 years of service to our global partners and customers. We started our journey as a company that provided crude shipping solutions through our specialist lightering service contracts in the US Gulf back in 1994. Our fleet size then was seven vessels, comprised of three workboats and four Aframax tankers. Ever since, we have steadily grown our fleet to include a suite of asset classes and have expanded our solutions in major shipping corridors.
Reflecting on this progress, we would like to think that we have added value by “moving energy to build a better world”. As a business, we have celebrated many successes, and been responsible for more than a few ‘industry-firsts’ over the years. We could not have achieved this growth and success without the support of our customers and partners who have entrusted us with serving their businesses.
Looking forward, AET will continue to grow and develop to meet the needs of a changing industry by responding to the challenges of a world that requires sustainable energy solutions. AET is one of only few ship owners and operators in the world publicly committed to reducing carbon emissions by 50% by 2050 against previous 2008 levels. This means working to develop ever more innovative shipping solutions and services.
Through our Sustainability Strategy, we will further enhance our role as a responsible corporate citizen, demonstrate our social integrity, improve our environmental stewardship and create economic value for our shareholders. Our success to date has been thanks in significant part to our customers and partners who have entrusted us with their business, and we look forward to continuing our partnerships long into the future.