AET, the tanker operation of Malaysia’s MISC Group, has signed a shipbuilding contract with China’s Dalian Shipbuilding Industry Co., Ltd (DSIC) for what will be the world’s first two ammonia fueled Aframax tankers. In parallel, MISC signed time charter contracts for the two vessels with Petronas subsidiary PETCO Trading Labuan Company Ltd (PTLCL).
The time charter party was signed by Zahid Osman, president & CEO of AET and Shamsul Bahari Salleh, CEO of PTLCL; and witnessed by Captain...