AET takes delivery of 49th aframax
31 Mar 2010 | MISC Berhad
At a ceremony held at the Tsuneishi shipyard in Japan last week (25 March 2010), AET formally named and took delivery of its 49th aframax tanker. The new 107,000 dwt tanker was named Eagle Kuantan.
Eagle Kuantan is the second of eight aframax vessels to be built by the Tsuneishi yard for AET. The remaining vessels are due for delivery later in 2010 and in 2011.
At the naming and delivery ceremony, Deputy Chairman of AET and President/CEO of AET's parent company MISC Berhad, Amir Hamzah Azizan said:
"Eagle Kuantan's entry into our fleet is part of AET's aggressive fleet expansion programme, which allows us to continue to raise the quality of our services, in our efforts to meet the expectations and requirements of our customers. The additional vessels will enable AET to offer operational capability and flexibility to our customers and to take advantage of the vast market potential in the global oil transportation business."
Also present at the ceremony was AET President and CEO Hor Weng Yew who said:
"In October last year, we took delivery of the first of eight new ships from Tsuneishi - the Eagle Kuching - and we are very happy with her performance. I am confident that we shall be equally pleased with Eagle Kuantan and her sister ships."
He went on to say:
"Although the markets remain challenging, I am excited about what the future holds for AET and I am confident that we will earn our place as a global leader in the provision of petroleum logistics. Today's delivery of Eagle Kuantan, represents a further milestone on that journey."
Traditionally, AET's Eagle vessels have been named after major cities, initially in the United States and now further afield. This new vessel is named after the Malaysian city of Kuantan that has recently been identified as one of Asia's future growth centres for trade, commerce and transportation.
Eagle Kuantan will initially be employed on a time charter with one of AET's long term customer-partners.
PRINT QUALITY IMAGES OF EAGLE KUANTAN ARE AVAILABLE TO DOWNLOAD FROM AET'S WEBSITE:
For further information contact: Fiona Clare Pereira General Manager, Corporate Affairs Department, MISC Berhad. Tel: 03-2275 2701 Fax: 03-2275 2888 E-mail: fclarepe@miscbhd.com
or
Paul Lovell Head of Customer Partnerships & Corporate Communications AET UK Limited T +44 (0)20 7536 5957 M +44 (0) 7920 189278 E plovell@aet-tankers.com
Notes to editors AET specialises in global maritime transportation of petroleum and operates a fleet of 69 petroleum vessels, comprising 11 VLCCs, 49 aframax, one suezmax, one panamax and seven product tankers. A further 18 vessels are due to join the AET fleet this year and in 2011. The company is headquartered in Kuala Lumpur, with commercial centres in Singapore, London, Houston and Gurgaon (India), together with a specialist offshore lightering unit in Galveston, Texas. AET is a wholly-owned subsidiary of Malaysian energy logistics group, MISC Berhad.
