Newbuild to be dual-fuel ethanol-ready, strengthening AET’s DPST capability

In support of AET’s ambitions as a leader in both shuttle tankers and maritime energy transition, the company has signed an agreement for its first hybrid electric Dynamic Positioning Shuttle Tanker (DPST), designed to be dual-fuel, lower-emissions-ready and secured on long-term charter. The latest newbuilding strengthens AET’s DPST capability and reflects the Company’s strategic investment in DPST growth — combining innovation, operational excellence and partnerships to support offshore energy production while progressing towards lower-emissions solutions.

A global leader in shuttle tankers, AET operates one of the world’s largest DPST fleets, with 17 vessels deployed across Brazil and Norway, and further growth planned. With dual-fuel capability across all tanker segments, the addition of hybrid electric propulsion further broadens lower-emissions optionality for customers whilst enhancing competitiveness.

The agreement was inked with Dalian Shipbuilding Industry Corp. for the construction of a 154,000-deadweight-tonne Suezmax DPST equipped with an Electric Energy Storage (EES) system and designed to be dual-fuel ethanol-ready, with projected delivery in 2028.

Nick Potter, President & CEO of AET, said, “AET owns and operates one of the youngest and largest DPST fleets serving Brazil, and the North and Barents seas. Our collective experience in dual-fuel vessels and growth in the DPST segment has been driven by deep partnerships. Our ambition is to continue extending our industry leading position and deliver reliable, safe and sustainable DPST solutions to customers worldwide.”

Designed for enhanced energy efficiency and future ethanol dual-fuel optionality, the newbuild adds to AET’s multi-fuel fleet growth programme and builds on AET’s energy transition strategy to shift towards lower-emissions technologies across its fleet.