AET SHUTTLE TANKERS SDN BHD
- Ship Owners
AET Shuttle Tankers Sdn. Bhd. is a subsidiary of AET Tanker Holdings Sdn. Bhd., which is itself part of the MISC Group, one of the leading maritime logistics and transportation services providers. The company specializes in the transportation of crude oil and operates primarily in the offshore oil and gas industry.
Key Areas of Operation:
Shuttle Tanker Services:
- AET Shuttle Tankers specializes in the operation of dynamically positioned (DP) shuttle tankers. These vessels are designed to load crude oil directly from offshore oil fields and transport it to onshore terminals or refineries.
Global Reach:
- The company operates a fleet that services major oil and gas fields around the world, including those in the North Sea, Brazil, and other key offshore locations.
Fleet Modernization:
- AET is committed to fleet modernization, regularly upgrading and expanding its fleet with technologically advanced and environmentally efficient vessels. The company has also invested in Dual-Fuel DP2 shuttle tankers, which are capable of running on liquefied natural gas (LNG) to reduce greenhouse gas emissions.
Technological Innovation:
Dynamically Positioned Vessels:
- The company’s fleet includes state-of-the-art DP shuttle tankers equipped with advanced positioning systems to ensure safe and efficient loading operations in rough offshore environments.
Environmental Responsibility:
- AET is committed to sustainable practices and has implemented several eco-friendly technologies to minimize the environmental impact of its operations. This includes the adoption of LNG as an alternative fuel and other emissions-reduction initiatives.
Market Position:
Industry Leadership:
- AET Shuttle Tankers is recognized as a leading operator in the shuttle tanker segment, known for its high standards of safety, reliability, and environmental stewardship.
Client Base:
- The company’s clients include some of the world's largest oil and gas companies, who rely on AET's expertise for efficient and reliable transportation of their crude oil.
Parent Company - MISC Group:
- MISC (Malaysian International Shipping Corporation):
- MISC Group is an integral part of the energy logistics sector. Besides shuttle tankers, the MISC Group offers a diversified portfolio of shipping and maritime services, including LNG carriers, petroleum tankers, and offshore floating solutions.
Recognition and Awards:
- AET has been recognized within the maritime industry for its commitment to excellence, safety, and environmental protection, often receiving accolades for its advanced fleet and operational standards.
Future Outlook:
AET Shuttle Tankers is focusing on expanding its fleet with more technologically advanced, fuel-efficient, and environmentally friendly vessels. The company is also exploring new markets and opportunities within the evolving offshore oil and gas industry to maintain its competitive edge and leadership position.
Ships
EAGLE PARAIBA
Tanker for Oil | Flag: Malaysia | Port: PORT KELANG
EAGLE PARANA
Tanker for Oil | Flag: Malaysia | Port: PORT KELANG
Maritime News
Maersk, Hapag-Lloyd: No immediate return to Red Sea
Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached. We will closely analyze the latest developments and their impact on the security situation in the Red Sea," a Hapag-Lloyd spokesperson told Reuters."It is still too early to speculate about timing," a Maersk spokesperson said.
What Keeps Business Leaders Awake at Night?
Cyber, business interruption and natural catastrophes are the risks of most concern for businesses globally according to the Allianz Risk Barometer 2025 - as voted for by a record 3,778 risk management experts from 106 countries and territories.Cyber incidents (38% of responses, a record 7% points ahead) consolidates its position as the most important risk.The risk impact of new technologies and developments in artificial intelligence (AI) is a new entrant in the top 10 global risks at #10.Closely interlinked to cyber, business interruption is ranked #2 (31%), just ahead of another related risk, natural catastrophes at #3 (29%).Climate change is another standout result in 2025.
MOL and JERA Ink Charter for LNG Carrier Newbuild
Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA.This is the eighth contract for LNG carrier signed with JERA. The vessel will be built at the Geoje Shipyard of Samsung Heavy Industries, and is scheduled for delivery in 2026.It will be 290 meters long, with a breadth of 45.8 meters. It will feature a membrane tank of 174,000 m3.The vessel will be managed by MOL and will transport LNG for JERA.
Pirates: More Guns, More Hostages
The ICC International Maritime Bureau (IMB) has reported an increase in the number of crew taken hostage or kidnapped in 2024.The IMB annual Piracy and Armed Robbery Report recorded 116 incidents against ships in 2024 compared to 120 in 2023 and 115 in 2022. It reveals that 94 vessels were boarded, 13 attempted attacks, six vessels hijacked and three fired upon.While the number of reported incidents in 2024 remains similar to those reported in 2023 and 2022, the number of crew taken hostage or kidnapped increased to 126 taken hostage in 2024 compared to 73 in 2023 and 41 in 2022. Twelve crew were reported kidnapped, compared to 14 in 2023 and two in 2022.
James Fishers Orders Four LNG Dual-Fuel Tankers
James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability, expected to help to reduce operational CO2 emissions and associated environmental impact over the long-term.A number of features that will add to the overall sustainability of the new builds have been carried over from recent additions to the company’s fleet, vessels Sir John Fisher and Lady Maria Fisher.