Increasingly dynamic operations

We are very happy to share the news that following a new contract agreement, we will be adding another new-build dynamic positioning vessel to the AET fleet, which will be time-chartered to Shell (’Brazil Shipping Limited 1’) to support the company’s growing deepwater activities in Brazil. The 152,700 DWT dynamic positioning (IMO Class 2) DPST shuttle tanker will be built by a Korean shipyard and is expected for delivery in Q4 2020.

The vessel will be compliant to IMO NOx Tier 3 requirements, built to the latest and highest technical standards and installed with a ballast water treatment system. She will be equipped with high-power thrusters, generators and the latest position reference system fully capable of operating in harsh weather conditions. Designed to meet the needs of Shell – a company that has always pioneered in the deepwater segment – this new DP2 vessel will be robust, reliable and armed with advanced environmental technologies to ensure the most efficient operations.

As an organisation committed to ‘consistently providing better energy-related maritime solutions and services’ (AET’s Corporate Vision), it is a great honour to add another DP vessel to our growing orderbook. Currently, in addition to this new contract with Shell, we have a further six DP vessels being built to take up long-term charters for Petrobras and Equinor (formerly Statoil). We also continue to operate two DP vessels in Brazil for Petrobras and two DP vessels in the North and Barents Seas for Equinor, while our two modular capture vessels in the Gulf of Mexico also have DP capability.

Importantly, we also have existing operations in the Brazilian Basin, with DP tankers operating in the area for the national oil company of Brazil (Petrobras), and vast experience of working in the challenging environmental conditions present across these diverse fields. This new contract with Shell, which was formalised in late August, builds upon an already strong relationship forged over many years; but it is the first time that we have provided DP vessels and support and it is with great honour that we look forward to working together in this capacity.

Shell’s requirement for DP services reflects a wider trend across the energy industry towards developing flexible, sustainable energy shipping solutions. Always keen to stay ahead of our customers’ needs, AET will continue to focus attention on ensuring that we can develop solutions that meet the needs of our customers worldwide as their energy shipping requirements evolve. In doing so, we will always demonstrate our proven commitment to operating with the highest standards of safety and technical expertise.