AET Highlights March 2023

CEO’s Message

We all have a responsibility to address climate change both as individuals and an organisation. In contributing to the development of a sustainable and decarbonised global maritime sector, AET continues to be a leader in driving initiatives to make global shipping more sustainable. We also remain focused in seeking partnerships to support the energy transition towards a low carbon world.

In February, we further advanced our commitment to develop zero-emission vessels with another Memorandum of Understanding (MOU), this time with PETCO Trading Labuan Company Ltd (PTLCL), to explore a potential collaboration to deploy a future zero-emission Aframax. This MOU marks another positive step to advance AET and MISC Group’s 2030 and 2050 strategic decarbonisation aspirations for shipping, adding to the two MOUs which were both announced in 2022.

Furthermore, we are committed to achieving a generative HSSE culture to safeguard our employees, customers and stakeholders. With our people at the heart of our operations, effective talent development and capability building programmes at all levels across our diverse workforce remained a key strategic priority. The first quarter has also seen various celebrations take place across our offices, which were integral to establishing an inclusive work culture sustainable for all.

Enjoy reading this issue of AET Highlights!

Best regards,
Capt. Rajalingam Subramaniam
AET President & CEO and MISC President & Group CEO


Advancing our decarbonisation aspirations for shipping

In February, we signed a Memorandum of Understanding (MOU) with PETCO Trading Labuan Company Ltd (PTLCL) to explore a potential collaboration to deploy a future zero-emission Aframax. The deep-sea tanker vessel, which will be powered by green ammonia, represents the PTLCL’s sustainable shipping option and another significant step forward in the push towards more sustainable shipping practices.

Capt. John Baptist, Global Director, VLCC/PCS, AET and Head, Decarbonisation Unit, MISC said: “We are pleased to extend our partnership with PTLCL to explore the potential development and construction of one net-zero green ammonia Aframax as we both continue our decarbonization journey to advance towards a net zero future. This MOU marks a further positive step to advance AET and MISC Group’s 2030 and 2050 strategic decarbonisation aspirations for shipping, adding to the pair of zero-emission ammonia-fuelled deep-sea tanker vessels under the Castor Initiative and our collaboration with PTT for two zero-emission Aframaxes which were both announced last year.

Click here to read more.

Celebrating diversity at AET

The rich diversity in our organisation is supported by an inclusive work environment where everyone feels respected and valued. Our staff gathered to mark the Lunar New Year in Singapore, Carnival in Brazil and International Women’s Day worldwide. These efforts are integral to our sustainability strategy and demonstrate our commitment to establishing a work culture that values and empowers all individuals, regardless of their backgrounds.

By promoting equality and reducing inequalities, we are aligning with the UN Sustainable Development Goal 10 – Reduced Inequalities which we subscribe to and providing equal opportunities for our diverse pool of talent to perform their full potential.

Talking about emotional wellbeing and building a generative
HSSE culture

The emotional wellbeing of our staff is a prominent pillar of our employee wellbeing strategy and in our journey towards achieving a generative HSSE culture. All managers recently participated in the “Mental Health: Supportive Conversations” workshop to help them recognise and respond to individuals experiencing emotional distress under the “Approach, Assess and Assist” framework. Furthermore, we have trained mental health first aiders and Employee Assistance Programme resources are available in all our offices.

Aside from formal training, we encourage staff at all levels to lead monthly safety moment sharings across our global offices. Recently, our staff had the opportunity to learn from our interns when they led insightful sharing sessions about the risk of sun exposure, workplace hazards and more.

Health and safety have always been one of our top priorities, and we are committed to upholding the highest HSSE standards to safeguard our employees.

Interns visit VLCC at Changi Anchorage

AET – MaritimeOne scholar Siti Alyssha and fellow Intern Pravinram visited Bunga Kasturi Enam — our VLCC docked at Changi Anchorage in Singapore. While onboard, they visited the pump room, engine room, bridge and sheltered safety point which they described as an eye-opening experience.

Being onboard was exhilarating as I never thought that I would get this opportunity. I even had the chance to speak to the Captain and crew which was extremely insightful. Overall, it was an excellent learning experience. From their sharing, I got a glimpse of how life was like out at sea!” Pravin shared.

Witnessing the breath-taking view of the vessel up close was remarkable! Thanks to Captain Ruan Wei and Capt. Zaw Min, we were able to learn about the vessel’s operations which was an incredibly valuable learning journey,” added Alyssha.

Click here to check out the video from their visit.