AET secures DP2 shuttle tankers with Petrobras

We are pleased to announce the extension of partnership in the DP2 shuttle tanker sector with Petróleo Brasileiro S.A. – Petrobras, the Brazilian multinational petroleum corporation. 

Recently we were awarded a contract to own and operate four specialist DP2 Suezmax Shuttle Tankers on long-term charter by Petrobras. These new vessels will be in addition to the two AET DP2 ships currently on charter in the Brazilian Basin for Petrobras. 

The four 152,000 DWT DP2 shuttle tankers will be built by a Korean shipyard for delivery in 2020 and will be contracted to Petrobras for operations in international and Brazilian waters. 

The vessels, compliant to IMO NOx Tier 3 requirement, will be built in accordance with Petrobras’ latest technical requirement for DP2 shuttle tankers and installed with a ballast water treatment system. Each will be equipped with high power thrusters and generators fully capable of operating in harsh weather conditions. 

Our AET President & CEO Capt. Rajalingam Subramaniam, said: 

“The 2010 Petrobras contract signalled AET’s entry into the shuttle tanker market and this allowed us to demonstrate our expertise and enhance our reputation in a more sophisticated arena of the petroleum logistics industry. Harnessing this experience, we continued to innovate and re-engineer our business and operations to ensure the services we deliver remain relevant to the evolving landscape and our customers’ changing needs. I am delighted that Petrobras has recognised AET’s capabilities and expertise in DP2 shuttle tanker operations with the award of this new contract. 

Petrobras is one of the world’s leading oil and energy companies and I have every confidence that we will deliver the highest level of service provision whilst remaining firmly committed to setting new industry benchmarks for safe and responsible operations.” 

Click here for the full press release.