Brazilian state oil and gas company, Petróleo Brasileiro (Petrobras), has added a further four dynamic positioning capable Suezmax shuttle tankers to the two already on long-term charter from AET. The four 152,000 dwt DP2 shuttle tankers will be built by a South Korean shipyard for delivery in 2020 and will be contracted to Petrobras for operations in international and Brazilian waters.
The vessels, compliant to IMO NOx Tier III requirement, will be built in accordance with Petrobras' latest technical requirement for DP2 shuttle tankers and installed with a ballast water management system. Each tanker will be equipped with high power thrusters and generators capable of operating in harsh weather conditions.
MISC Berhad president/group chief executive, and chairman AET, Yee Yang Chien commented “AET's focus on increasing its presence in the shuttle tanker business is consistent with the MISC Group's priority of developing its portfolio of assets that generate long-term secured income on a recurring basis. This (charter) award goes to prove that growth remains possible for MISC despite the present challenging operating conditions for tanker operators. It reaffirms MISC's belief in the prospects of growth in the oil production supply chain.”
AET president and chief executive Captain Rajalingam Subramaniam said “I am delighted that Petrobras has recognised AET's capabilities and expertise in DP2 shuttle tanker operations with the award of this new contract.”