AET to Equip Aframaxes with LNG Dual Fuel Option
AET announced today that up to four of its new Aframax tankers currently under construction with Samsung Heavy Industries Co Ltd (SHI) will be equipped with the LNG dual fuel option.
The 113,000 dwt vessels, due for delivery from quarter 3, 2018 onwards, will replace existing tonnage as part of an ongoing fleet renewal programme, and will join AET’s fleet of petroleum and chemical tankers which operates worldwide ensuring the company continues to deliver optimum solutions for its customers. AET anticipates that up to half of its Aframax fleet and other petroleum assets, including VLCCs, will also adopt the LNG dual fuel option over the next few years.
The new ships will have global trading flexibility but their initial operations will focus on areas with LNG bunker availability. Fitted with twin LNG tanks, the vessels will have the ability to trade on LNG fuel for about a month before refuelling and will likely operate in North America, Northwest Europe and Asia. The company is actively working with potential LNG suppliers to ensure reliability of the LNG bunker supply chain globally.
AET, a wholly owned subsidiary of Malaysian energy shipping corporation MISC Berhad, anticipates significant growth in the global fleet of LNG-fuelled vessels having conducted its own LNG fuelling feasibility study since 2015, the results of which support the findings of industry participants and other experts. The shipping company has also conducted a comprehensive fleet review that has mapped expected LNG bunkering infrastructure expansion across strategic locations, alongside traditional bunkering for LSFO and MGO, to ensure security of supply and optimum operational efficiency across its global operations from 2020 onwards.
Alongside the dual fuel LNG engines, the new Aframax vessels will be fitted with a range of eco-innovations to maximise fuel efficiency and minimise their emission impact on the natural environment – this will enable them to be awarded the “green passport” notation. They will also be fitted with an IMO-compliant ballast water management system.