AET has been awarded long term contracts for three (3) Suezmax class Dynamic Positioning Shuttle Tankers (DPSTs) by Brazil Shipping I Limited (a Shell Group entity).
Image Credits: aet-tankers.com
The company will own and operate these newbuilding Suezmax Class DPSTs for operations in international and Brazilian waters. The estimated contract value is USD245 million and the charter is expected to commence in 2022.
These long-term time charter contracts will further reinforce AETs position as one...