Greetings from AET Highlights!
AET is moving into the new year with a sense of optimism and purpose. We are proud to announce that as part of the MISC Group, we have joined over 300 companies and organisations in our shared responsibility for the Neptune Declaration on Seafarer Wellbeing and Crew Change to resolve the crew change crisis caused by the COVID-19 pandemic.
Although the COVID-19 pandemic will continue to place pressure on businesses across every sector, AET is very well positioned to weather the challenges and seize the opportunities with robust processes and plans in place. We will do so with an absolute commitment to providing the highest quality service and exceptional standards of safety, reliability and best practice while operating in the most sustainable way. As such, we look forward to working closely with our customers, partners and colleagues in making 2021 a year of positive progress and achievement on all fronts.
Wishing you, your family and colleagues all the best for 2021. Stay safe, healthy and connected.
Capt. Rajalingam Subramaniam
AET President & CEO
AET took delivery of Eagle Pilar, a new Suezmax second generation Dynamic Positioning (DP2) Shuttle Tanker for long-term charter to Shell in the Brazilian Basin in early January 2021. Eagle Pilar is operating to the highest operational and environmental standards, including full compliance with IMO NOx Tier 3 and SOx emission requirements and by design, approximately 25 to 30 percent more fuel efficient than the DPSTs built in the early part of the last decade. Demonstrating our commitment to a low carbon future by reducing CO2 emissions on our assets engaged in meeting global energy needs.
The vessel was handed over in a first virtual delivery and Protocol and Delivery Agreement (PDA) exchange ceremony for AET which was attended by senior representatives from Shell, Samsung Heavy Industries, MISC, AET, Eaglestar and other key stakeholders including Eagle Pilar’s Captain and Chief Engineer.
After its delivery to Shell this month, we have another three new DP2 shuttle tankers to be delivered in 2021 and 2022 to Shell. Globally, we operate 11 DPSTs (including Eagle Pilar) in the Brazilian Basin and the North and Norwegian Sea, committed to providing better energy-related maritime solutions and services for our global customers.
We are pleased to have received the ISO 37001:2016 certification which is the first international Anti-Bribery Management System standard designed to help organisations combat bribery risk in their own operations and throughout their global value chains.
This certification signifies to our customers, industry partners and staff that as an organisation, we have robust anti-bribery management systems in place building on our strong global culture of integrity and governance to tackle bribery and corruption risks.
With governance being one of the Environment, Social, Governance (ESG) pillars, ISO 37001 is an important addition and enhancement of our broader commitment to improve our governance standards overall.