AET unveils another DPST, Eagle Crato, for long-term charter to Petrobras

July 29, 2022

Left to right: Capt. Rajalingam Subramaniam, Godmother Ana Paula D’Orleans Rocha, Rafael Noac Feldman and Datuk Yee Yang Chien.

AET, a leading owner and operator of maritime transportation assets and specialised services, named its newest vessel today, the final of three Suezmax Dynamic PositioningShuttle Tankers purpose-built for long-term charter to Petróleo Brasileiro S.A. – Petrobras, based on the agreement signed in February 2020.

The eco-efficient and highly specialised DP2 shuttle tanker Eagle Crato was unveiled at a naming ceremony held at the Samsung Heavy Industries Shipyard in Geoje, South Korea. Eagle Crato will be delivered to AET tomorrow, and subsequently to Petrobras to commence her operations in the Brazilian Basin in a few weeks, joining her sisters, Eagle Colatina and Eagle Cambe, plus six other DPSTs which AET already operates for Petrobras.

Capt. Rajalingam Subramaniam, AET President & CEO and MISC Group COO said:

“Today’s naming of Eagle Crato marks another significant milestone in our growing partnership with Petrobras. This memorable event reinforces AET’s commitment to eco-efficient and high- quality operations in Brazil. Thank you to Petrobras, Samsung Heavy Industries, ABS and colleagues from Eaglestar, and AET team members for ensuring the safe and timely construction as well as delivery of our latest vessel.

Eagle Crato is another highly specialised DP2 shuttle tanker that signifies a further step forward in our contribution to building a more sustainable maritime ecosystem. Through our close collaboration with our partners, we will continually invest in innovation to lower the industry’s carbon footprint. All part of AET’s commitment to meeting the IMO’s 2030 Greenhouse Gas (GHG) intensity reduction ambition and our commitment across the MISC Group to net-zero GHG emissions by 2050.”

Commenting at the naming ceremony, Rafael Noac Feldman, Executive Manager of Logistics, Petrobras said:

Lady Sponsor, Ana Paula D’Orleans Rocha, Shipping General Manager, Petrobras added:

Datuk Yee Yang Chien, President & Group Chief Executive Officer, MISC and AET Chairman said:
“AET’s remarkable growth journey into one of the largest shuttle tanker players in the world within a relatively short span certainly did not happen by chance. Their steadfastness in pursuing strategic opportunities is matched by their determination towards creating innovative and sustainable solutions to meet their customers’ business ambitions.

“Petrobras is very pleased to participate in this ceremony, which represents another step towards

increasing the capacity and strength of our logistics resources, making Petrobras prepared for its future challenges. We are happy to see that Eagle Crato is designed in accordance with the

sustainability concepts that Petrobras is committed to.”

“It is a great honor to represent Petrobras at Eagle Crato’s christening ceremony. This memorable event has been possible due to the dedication of many people that worked hard for the safe construction of this extraordinary shuttle tanker. The eco-efficient, high standard vessel will

improve the safety, sustainability, and efficiency of Petrobras’ operations in Brazil.”

I am proud to witness the significant efforts made by AET in strengthening their formidable reputation as an industry leader, consistently proving their capability and commitment to deliver high-quality solutions safely, reliably, and eco-efficiently.

Today, we celebrate another milestone of growth and continued progress for AET and the MISC Group towards building a sustainable future for the maritime industry. I would like to extend my sincere appreciation to Petrobras, Samsung Heavy Industries and ABS for your unwavering trust and support as we continue to chart our journey forward in moving energy to build a better world.”

AET and Eaglestar site teams have been working closely with the SHI team to ensure the safe and timely construction and subsequent delivery of Eagle Crato and her two sister vessels during the ongoing pandemic. Eaglestar is also the appointed shipmanager of Eagle Crato.

In collaboration with SHI, ABS, and Eaglestar, this 155,000 DWT DP2 shuttle tanker was built to Petrobras’ technical requirements in Brazil and will operate to the highest operational and environmental standards, including full compliance with IMO NOx Tier 3 and SOx emission requirements. Eagle Crato is classed with ABS and equipped with electrical-driven Variable Frequency Drive cargo pumps and high-power thrusters for enhanced fuel efficiency. Eagle Crato is also fully capable of operating in weather conditions expected for her class. The eco-efficient vessel is fitted with energy-saving devices such as Saver Fins and Savor Stator for improved propulsion efficiency and is approximately 6% more efficient than the EEDI Phase 2 requirements.

Eagle Crato is the eighth vessel and the sixth DPST that AET will be taking delivery of in 2022, and all have been safely and timely constructed and delivered.

With this newest DPST, AET is growing its global DPST fleet to 17. AET will operate nine DPSTs for Petrobras and in total 13 offshore Brazil, with another four operating in the North Sea including two dual-fuel DPSTs.