One of the world’s first Dual-Fuel VLCCs unveiled in South Korea
7th March 2022
AET, leading owner and operator of maritime transportation assets and specialised services, named its newest vessel on 24 February 2022.
The new tanker is also one of the world’s first such ships powered by dual-fuel engines and thus among the most environmentally friendly VLCCs in the market.
She is the first of two dual-fuel VLCCs built for long-term charter to Chartering and Shipping Services SA, a wholly owned subsidiary of TotalEnergies SA, based on the agreement signed in April 2020.
The 300,000dwt tanker, Eagle Valence, was unveiled at a virtual naming ceremony held at the Samsung Heavy Industries (SHI) Shipyard in Geoje, South Korea.
Making the announcement, Capt. Rajalingam Subramaniam, President & CEO of AET and COO of MISC Berhad said:
“AET and TotalEnergies both have clear ambitions to decarbonise shipping and we pushed boundaries to move towards a lower carbon future when we collaborated to build two of the first dual-fuel VLCCs in 2020.
“I am very proud that we are now setting a new benchmark for the maritime industry with our state-of-the art Eagle Valence which is one of the first and amongst the most environmentally friendly VLCCs in the market.”
As a pioneer in dual-fuel vessels, AET continues to invest in technology and team up with like-minded partners such as TotalEnergies who share our goal to create a truly sustainable global trade network.
Eagle Valence’s sister vessel is currently under construction at the Samsung Heavy Industries yard in South Korea and due to be delivered in the second quarter of the year.
AET and Eaglestar site teams have been working closely together with the SHI team to ensure all health and safety precautions were in place to safeguard the construction and delivery of the vessels during the ongoing pandemic.
Both vessels represent advances in conventional energy shipping with a carbon footprint reduction that is contributing to AET’s aspiration to meet or exceed IMO’s 2030 Greenhouse Gas goals.
The carbon reduction is achieved through a combination of the cutting-edge LNG dual-fuel technology, energy saving devices and innovative features.
AET has 11 LNG dual-fuel vessels in its fleet portfolio with three Aframaxes in operations in the Atlantic, one Aframax operating in the Pacific and two Dynamic Positioning Shuttle Tankers (DPSTs) operating in North and Barents Seas now being joined by the first VLCC.
Another four dual-fuel VLCCs are at newbuilding stage to be delivered in 2022 and 2023.
In addition to the naming of Eagle Valence, AET also took delivery of one more Suezmax Dynamic Positioning (DP2) Shuttle Tanker, bringing the number of DP shuttle tankers it operates globally to 13.
