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Shell to charter two LNG fueled AET tankers newbuilds

London - AET Inc. Limited and Shell International Trading and Shipping Company Limited formalised arrangements for the long-term charter of AET’s two newbuild LNG dual-fuelled Aframax tankers. The two vessels are currently being built by Samsung Heavy Industries

London - AET Inc. Limited and Shell International Trading and Shipping Company Limited formalised arrangements for the long-term charter of AET’s two newbuild LNG dual-fuelled Aframax tankers. AET’s two 113,000 dwt vessels are currently being built by Samsung Heavy Industries in South Korea and are due for delivery from Q3 of 2018.

The arrangements will see Shell take both vessels on a long-term charter commencing in Q4 of this year. When operating in gas mode, the two AET tankers will emit up to 30% less CO2, 85% less NOx, 99% less SOx and 95% less particular matters, making them among the cleanest Aframax tankers in the market.

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