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AET expants VLCC fleet

AET expants VLCC fleet
AET - a subsidiary of Malaysian-based MISC Berhad commissioned its 10th VLCC which joined its fleet this week.

AET EXPANDS VLCC FLEET

AET - a subsidiary of Malaysian-based MISC Berhad commissioned its 10th VLCC which joined its fleet this week.

The new vessel is the fourth of her class to be built by USC and the yard has been commissioned to build a further two VLCCs to be delivered later this year and in mid 2008.

Commenting on the new vessel, AET President and CEO Amir Azizan said: “Since we were acquired in 2003, our fleet has grown from 32 vessels to 68 with the delivery of Bunga Kasturi Empat. We have firm orders for two more VLCCs and it is our intention to continue growing our fleet over the coming few years. Our VLCC operations complement our aframax fleet which currently stands at 48 vessels with over 20 more ships on order. Growing our fleet in this way, without compromising on our very high levels of service and quality standards, will allow us to achieve our objective to become the world’s leading petroleum tanker operator within the next three to five years”

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