Two LNG-fueled VLCCs bought at SHI are commonly thought to be both bought by AET for charter to Total (Image AET)
French power titan Total has actually authorized an introducing contract to charter in its very first 2 300,000 dwt LNG double sustained VLCCs from Malaysian- based vessel driver AET. The 2 ships readied to sign up with the Total charter fleet in 2022.
“Total is committed to safely deliver energy while reducing its impact on the natural environment and we continuously explore all elements of our business, including our supply chain partners, to ensure minimum emissions,” claimed Luc Gillet, Senior Vice President mTotal Shipping & &Trading “We seek partners who share this commitment and I’m pleased that AET continues to innovate and take a leadership approach to operating in the cleanest way possible. We’ve partnered with AET for many years and today’s signing is the next logical step in our continuing relationship”.
Mr Yee Yang Chien, Chairman of AET as well as President/Group Chief Executive Officer of its moms and dad MISC Berhad claimed: “AET is MISC Group’s wholly owned petroleum shipping subsidiary and today’s agreement cements its global position as a world class energy logistics provider. We subscribe to a robust sustainability agenda which reaches into all corners of our business and includes a commitment to protect the natural environment alongside a strong focus on maintaining business stability and continuity. Today’s agreement with Total takes us a step further in delivering on that agenda. As a Group, we took early and bold decisions to invest in LNG dual-fuel vessels and I am pleased to see the industry responding so positively to our strategy. I am delighted we have made this agreement with Total and I’d like to thank them for their confidence in AET”.
The 2 newbuilds will certainly be amongst one of the most eco-friendly VLCCs in the marketplace. When in solution, they will certainly discharge around 20% much less CARBON DIOXIDE greenhouse gases than standard vessels; 85% much less NOx as well as 99% much less SOx. In enhancement, 99% less great fragments will certainly be launched. Immediately, the vessels will follow IMO Tier III degrees, IMO 2020 sulfur cap as well as stand for a considerable action in the direction of the IMO’s passion to lower delivery’s carbon discharges by 50% by 2050 from a 2008 standard.
AET presently runs 2 LNG dual-fuel Aframax vessels as well as 2 LNG dual-fuel Dynamic Positioning Shuttle Tankers within its worldwide fleet.
