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AET Secures Long-Term DPST Charter Contracts Worth USD 245 Million With Shell

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AET Secures Long-Term DPST Charter Contracts Worth USD 245 Million With Shell

AET Secures Long-Term DPST Charter Contracts Worth USD 245 Million With Shell

Long term contracts for three Suezmax class Dynamic Positioning Shuttle Tankers (DPSTs) by Brazil Shipping I Limited has been awarded to AET.

Related: Ship Sizes: Classification of Ships By Sizes

The three newbuilding Suezmax Class DPSTs will be owned and operated by AET in international and Brazilian waters. The contract value is estimated to be USD 245 million and the charter is scheduled to begin in 2022.

The position of AET is the Dynamic Positioning Shuttle Tankers market will be strengthened as one of the global market leaders with these long term contracts. It will also make its position as one of the leading international petroleum shipping solutions providers in the world.

Reference: aet-tankers

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