President & CEO Message
The past two months have been a reminder of how quickly conditions can change. Recent developments across parts of the Middle East have added further pressure to global trade and energy markets, reinforcing the reality that our industry continues to operate in a highly complex, unpredictable and fast-moving environment.
We are closely monitoring developments in the Persian Gulf, and the safety and security of our seafarers, vessels and cargoes caught up remain our highest priority. We operate under established security and operational protocols across our fleet, and remain in close coordination with our seafarers, customers, partners and relevant authorities.
March also marked one year since I took on the role of President & CEO. It has been a year that has tested many of the assumptions we make about how this industry operates, with shifts across geopolitics, trade flows, regulation and technology. Change is not new to this industry, but the pace and overlap of it is.
Navigating volatility and uncertainty places greater emphasis on how we operate. Leadership in this business is earned every day, through the decisions we make, the standards we uphold, and the trust we build with our customers, partners and our people.
For AET, that translates into a clear focus. Operating safely. Delivering reliably, driving decarbonisation and making decisions that keep our fleet competitive over the long term.
You will see that reflected in this edition.
Over the past two months, our amazing people having been very active including targeted investments in retrofits to improve vessel efficiency, continued progress on lower-emission fuels through our Bio-LNG trial, and ongoing engagement with customers and partners.
Over the past week, we have also engaged actively across industry platforms, including Singapore Maritime Week, contributing to discussions on how the sector continues to move forward amid regulatory and market uncertainty.
We also continue to support initiatives that improve seafarer welfare, an area at the core of our industry and one I remain closely committed to.
Across these developments, a common thread emerges: our ability to adapt, innovate, and move forward, #deliveringProgress together.
Thank you to the very many of you involved in working with us to support and inspire our journey.
Best Regards,
Nick Potter
AET President & CEO
AET at Singapore Maritime Week 2026
AET played an active role at Singapore Maritime Week (20 to 24 April 2026), contributing thought leadership across key industry discussions on geopolitics, decarbonisation, and the energy transition.
AET representatives participated in three key industry events from 20–22 April:
- Will Blagbrough spoke on managing geopolitical risks and strengthening maritime contracts at the SCMA Distinguished Speaker Series.
- Nick Potter discussed maintaining momentum on decarbonisation amid uncertainty at the TradeWinds Shipowners Forum.
- Chris Cattermole addressed the balance between energy transition goals and commercial realities at the Marine Money Shipping & Offshore Finance Forum, highlighting challenges around fuel pathways, regulation, and investment risks.
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Through these engagements, AET continues to support critical dialogue and collaboration as the maritime industry navigates a rapidly evolving operating landscape.
AET Joined the Maritime Community at SMF City Cycle 2026 to Support Future Talent
AET took part in the SMF City Cycle 2026 on 18 April as part of Singapore Maritime Week 2026, joining around 150 maritime stakeholders and scholars in a 20km ride along Singapore’s eastern coastline under the theme “Bringing Maritime Singapore Together.”
Represented by President & CEO Nick Potter, and team members, AET was one of 66 sponsors supporting the event, which raised over S$407,000 for the MaritimeONE Scholarship and Bursary Fund. The initiative, officiated by Murali Pillai, underscores the industry’s shared focus on nurturing future maritime talent.
S&P Global CSA results
AET recorded its strongest performance to date in the 2025 S&P Global Corporate Sustainability Assessment (CSA), scoring 53 and placing us in the top 15% globally for the Transportation and Transportation Infrastructure sector.
Our 2025 performance this year was driven by:
- Environmental progress: +12 points, with improvements across energy, climate strategy and environmental management
- Governance and transparency: stronger disclosures, business ethics and risk management practices
- Consistent social performance: maintaining strength in safety, human capital and human rights
We’ll be sharing more detail in our AET Annual Review 2025/26, to be released in May 2026. Watch this space!
Successful Completion of AET’s First Bio-LNG Trial
AET recently completed its first Bio-LNG trial, a meaningful milestone in our decarbonisation journey and a clear demonstration of our readiness for FuelEU Maritime compliance. It also underscores how we continue to challenge, learn and improve, turning ambition into action in our Energy Transition journey with both our customers and partners.
Eagle Passos Fresh Out of Dry Dock
Our vessels go beyond routine maintenance. During her recent dry dock, our Dynamic Positioning Shuttle Tanker, Eagle Passos underwent targeted upgrades including installation of pre-swirl stators, a Mewis duct, application of anti-fouling coating and ultrasonic anti-fouling technology to enhance energy efficiency and fuel performance.
Celebrating Our Galveston Office’s Refresh
On 18 March 2026, we celebrated the reopening of our Galveston office following the impact of Hurricane Beryl in August 2024. The joyous event welcomed approximately 100 attendees, including customers, partners and stakeholders to reconnect, exchange perspectives, and experience first-hand the transformation of the office.
Maritime Youth Forum 2026
AET exhibited at the 2026 Maritime Youth Forum, held on 5 February, joining students and industry peers for this annual initiative led by the Singapore Maritime Foundation (SMF), organised in collaboration with student leaders from Nanyang Technological University (NTU), Singapore Management University (SMU), Singapore Institute of Technology (SIT), Singapore University of Social Sciences (SUSS) and Singapore Polytechnic (SP).
Join Us in Making a Difference
The Maritime Mountain Race (26–28 June 2026) is The Mission to Seafarers’ fundraising challenge, set in the stunning Swiss mountains. This event supports seafarers who face isolation, exhaustion, and dangerous working conditions every day. Support our colleagues David Kappelin, Fathin Idris, and Martin Hildrum as they scale the mountains!
Support AET’s Alpine Eagle Titans now!
AET London Volunteered at Soup Kitchen London
As part of AET’s CSR efforts, colleagues from AET London office volunteered at the Soup Kitchen London, supporting the #AETcares initiative by helping provide hot meals to people experiencing homelessness.
For over 40 years, the charity has supported those in need, offering not only food but also a welcoming space and access to wider services, including mental health support.
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Upcoming Events
20 August 2026: Nautical Institute (Singapore) Conference – AET President & CEO Nick Potter will deliver the keynote address.
