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AET Names DP Shuttle for Statoil Charter

Posted by September 4, 2015

Petroleum tanker owner and operator AET today named its newest vessel, a 120,000 DWT DP2 shuttle tanker, Eagle Bergen. 
 
Eagle Bergen is the second of two vessels built by Samsung Heavy Industries (010140.KS) to the standards required to operate on the Norwegian continental shelf. She is fixed on long-term charter to Statoil ASA (STOHF).
 
The new vessel is owned and commercially managed by a joint venture company AET Sea Shuttle AS, which is formed between majority partner AET and ADS Shipping Limited of Norway. She is technically managed byADS sister company OSM Maritime Group. 
 
The naming ceremony was held in Stavanger, Norway, and the ship was sponsored by Heidi Aakre, Vice President, Asset Management for Manufacturing, Storage and Shipping of Statoil ASA. 
 
Officiating at the ceremony, AET chairman, Datuk Nasarudin bin Md Idris, who said, “Today is a momentous occasion for AET. It represents the culmination of much hard work and the cementing of relationships between our company and two very special partners: Statoil and OSM Maritime Group. AET continues to broaden its operating footprint and capabilities. Alongside our traditional crude oil operations and our lightering activities, we now operate DP capable vessels in the Brazilian Basin, the U.S. Gulf and the North Sea.”
 
The chairman of ADS Shipping and OSM Maritime Group, Bjørn Tore Larsen, who was also present at today’s ceremony commented, “We are delighted to be investing in Eagle Bergen and Eagle Barents, and being a part of a team that brings a new, major player into the North Sea market. Like AET, we also believe in the strategic importance of creating long-term partnerships that build value for all those involved. Aligning ourselves with companies that share our business outlook will create synergies and mutual advantage for us all. I look forward to a long and fruitful partnership with AET and Statoil.”
 
Eagle Bergen and Eagle Barents are among the most advanced vessels of their type in the world, according to AET. They are twin skeg, twin engine and fitted with a range of eco-innovations to reduce environmental impacts. Such equipment includes fully fitted ballast water treatment system, SOx scrubber system and VOC emission reduction system.

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