AET names twin LNG dual fuelled DP shuttle tankers at ceremony

Petroleum tanker owner and operator AET on Wednesday (16 October) named two of its newest vessels, the world’s first LNG Dual-Fuel Dynamic Positioning Shuttle Tankers (DPSTs), Eagle Blane and Eagle Balder.

The 123,100 dwt LNG Dual-Fuel DPSTs were unveiled at a naming ceremony held at the Samsung Heavy Industries (SHI) Geoje Shipyard, South Korea.

The vessels will serve Norwegian energy company Equinor on long-term charter for operations both in oilfields on the Norwegian Continental Shelf of the North Sea, Norwegian Sea and the southern Barents Sea, as well as on the UK Continental Shelf.

Powered using LNG as the primary fuel, the LNG Dual-Fuel Dynamic Positioning Shuttle Tankers (DPSTs) will also capture 100% of Volatile Organic Compounds (VOC) emissions from their crude oil cargoes during loading and voyage for reuse as a supplementary fuel.

A more efficient dynamic positioning system combined with the LNG Dual-Fuel and VOC Recovery Systems features allow these vessels to save up to an estimated 3,000 metric tonnes (mt) of fuel per year compared with conventional DPSTs of the same size.

The vessels have been constructed by Samsung Heavy Industries (SHI), for AET Sea Shuttle AS (AETSS), a joint venture between Norwegian shipping company ADS Shipping and AET Tankers headquartered in Singapore, as the owner and commercial operator of the vessels.

Project management for the newbuilds was provided by MISC Group’s marine services arm Eaglestar and Norwegian third-party ship management company, OSM Maritime.

“These vessels are proof that environmental sustainability and commercial viability can coexist, and are also testament to the fact that operational performance does not have to be sacrificed in the pursuit of reducing emissions,” said Capt. Rajalingam Subramaniam, AET President & CEO and Chairman of AETSS.

“The goal was always to leverage our combined experience of AET, ADS and SHI to develop vessels that really push the boundaries in what is possible in North Sea dynamic positioning operations, and to prove the value of LNG Dual-Fuel solutions in the energy shipping segment.”  

Commenting at the naming ceremony, Lady Sponsor, Ann-Elisabeth Serck-Hanssen, Senior Vice President for Asset Management in Marketing, Midstream and Processing, Equinor, said:

“Taking these vessels on a long-term contract will further enhance our ability to provide safe, efficient and cost competitive energy for our customers, and we are proud to play our part in what is an important step forward in the development of more sustainable energy shipping solutions.”

“Eagle Blane and Eagle Balder have surpassed our expectations, and vessels will provide Equinor with even greater operational flexibility and control and set a new benchmark for shuttle tanking operations,” commented ADS Shipping Chairman, Bjørn Tore Larsen.

“We look forward to the next stage when these ships begin their work, in our further strengthening of the relationship between Equinor, AET and ADS. Our sister company, OSM Maritime are looking forward to managing these vessels from their OSM Ship Management office in Arendal, Norway.”

Yee Yang Chien, MISC President/Group CEO and AET Chairman added: “As partners in this venture, we all shared an aspiration to significantly reduce the environmental footprint of our supply chains while ensuring stable and reliable access to energy now and into the future. We are confident that these LNG Dual-Fuel Shuttle Tankers will be the first of many more used by the offshore industry, and I must thank everyone involved for helping to bring this project to life.”

Photo credit: AET
Published: 17 October, 2019