Samsung Heavy to Build AET Tanker Quartet

South Korean shipbuilder Samsung Heavy Industries has received an order to build four shuttle tankers for petroleum tanker owner and operator AET.

The company is paying KRW 392.3 billion (USD 365.6 million) for the units, which are scheduled for delivery in 2020, the shipbuilder said in a stock exchange filing.

The order comes on the back of an agreement reached between AET, a wholly-owned subsidiary of MISC Bhd, and the Brazilian petroleum corporation Petrobras, through which the companies aim to extend their partnership in the DP2 shuttle tanker sector.

Featuring 152,000 dwt, the four specialist DP2 Suezmax tankers will be contracted to Petrobras for operations in international and Brazilian waters.

Compliant to IMO NOx Tier 3 requirement, the new vessels will be in addition to the two AET DP2 ships currently on charter in the Brazilian Basin for Petrobras.