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Shell Chartered Three Tankers For Brazil

Written by Paulo Nogueira
Published on 06/12/2019 at 12:30
Shell Navio Tanque Contrato Petróleo
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AET Tankers, a Subsidiary of MISC Berhad, Provider of Maritime Solutions and Services from Malaysia, Received Three Long-Term Charter Contracts from Brazil Shipping I Limited, a Shell Group Entity

To Provide Services to Shell and According to the Terms of the Agreement, AET Will Own and Operate Three Dynamic Positioning (DP) Suezmax-Class Tankers for Operations in International and Brazilian Waters. AET is the Oil Transportation Unit of MISC and Specializes in Global Maritime Oil Transportation.

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According to MISC’s Listing on Bursa Malaysia Starting This Friday, the Long-Term Forecast for the Three Vessels is Expected to Commence in 2022 and Has an Estimated Contract Value of US $245 Million.

AET Stated that These Long-Term Charter Contracts Would Further Strengthen Its Position in the Dynamic Positioning Shuttle Tankers Market Niche Thanks to This Contract with Shell

It’s Worth Remembering That AET Secured Its First Contract with Shell for the Chartering of a New-Build Dynamic Positioning Tanker in Brazil in August 2018. The 152,700 DWT DP2 Vessel, Built by a Korean Shipyard, is Expected to be Delivered in Q4 2020.

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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