Our petroleum shipping business is managed by our subsidiary AET Tanker Holdings Sdn Bhd. AET is a specialist and leading provider of safe, high quality maritime logistics solutions to the international petroleum sector, with a fleet of 74 crude oil and product tankers and an asset base of US$3.3 billion. The fleet, which consists of Aframax, Suezmax, VLCC and mid-range (MR) tankers, is traded worldwide, serving national and international oil companies, refiners and traders.
The market leader in lightering operations for U.S. Gulf ship-to-ship transfers, AET has successfully entered the shuttle tanker sector in the last two years, testament of its expanding footprint into new geographies. Today, it runs specialised Dynamic Positioning (DP) shuttle tanker operations for deepwater projects in the Brazilian basin that will be augmented with DP shuttle tanker activities for harsh weather conditions in the Barents and North Sea scheduled to operationalise in 2015.
AET employs approximately 2,900 highly skilled and dedicated seagoing personnel, close to 350 qualified shore professionals and fully sponsors almost 350 cadets currently undergoing maritime training and education.
AET's main operating offices are located in Singapore, Houston and London, with sea-staff manning offices in Gurgaon and Mumbai. Its technical lightering operations are conducted from Galveston, Texas.
For AET's latest fleet list, visit www.aet-tankers.com
* All figures quoted herein accurate as at 1 November 2014.