• 2006 December 7 06:46

    AET orders two aframax tankers

    AET, a subsidiary of Malaysian-based MISC, ordered two aframax tankers. at Japanese yard Tsuneishi Corporation, a follow-on to a contract for four similar ships placed with the same yard in October. The latest two new 107,500dwt newbuildings are due to be delivered in 2011 to service existing customers. This new order brings the total of ships on order for AET and its joint venture partners to 25.

    In a separate agreement, AET took delivery of a 1996-built aframax tanker on a three year charter from Genmar. The 96,183dwt vessel, named Genmar Ajax, will be employed mainly to support AET’s lightering business in the US Gulf. Genmar will retain commercial management of the vessel whilst AET becomes desponent owner throughout the life of the contract.

    AET’s CEO, Amir Hamzah Azizan, said: “In November we sold and leased-back five of our aframax vessels and we are currently in negotiations to sell a sixth vessel. The order for two new aframaxes, to complement the four we are already building, will replace the six vessels we have sold. But the lease-back arrangements mean that we are still operating five of those vessels and, with the six newbuildings and the additional in-charter, we are continuing to grow our fleet and our business. Whilst we will always be predominately a shipowner, these recent deals enable us to achieve a better balance between owned vessels and in-charters.”

    He went on to say: “A central part of our business ethos is to cement long-standing relationships with customers and partners and I am delighted to see our relationships with Tsuneishi Corporation and Genmar developing in this way.”


2020 August 14

14:49 Port of LA to work with California manufacturers and technology association under new agreement
14:22 Transshipment of Angara launchpad components underway at Sovetskaya Gavan port
13:46 NCSP joins national project to improve workforce productivity
13:24 First of six new US Navy tugboats features integrated Furuno Marine Electronics
13:01 Port of Cardiff signs new long-term lease with Stone Supplies Ltd.
12:38 Rosneft reports H1 net loss of RUB 113 billion
12:10 Okskaya Shipyard lays down fifth multipurpose dry cargo carrier of Project RSD59 for Astrol
11:47 IMSC issues statement on the Incident with Motor Tanker Wila
11:29 Port of LA July volumes are strongest of 2020
10:53 First part of permanent layoff negotiations at Turku shipyard are ready
10:29 Krasnoye Sormovo lays down 23rd dry cargo carrier of Project RSD59
10:04 BlueWater Reporting issues alliance market share report
09:30 Crude oil prices start rising
09:12 MABUX: Bunker market this morning, Aug 14
09:07 Baltic Dry Index as of August 13

2020 August 13

20:58 Rosmorrechflot promotes Stanislav Uryupin to Port of Novorossiysk Harbourmaster
18:31 Glavgosexpertiza gives nod to Sovetskaya Gavan LPG terminal project
18:06 Global Industry Alliance issues Just-In-Time Arrival Guide
17:36 HMM Rotterdam en route to Rotterdam
17:18 Ust-Luga Multipurpose Reloading Complex half-year cargo volume down 9% year-on-year
17:06 The operational situation in the port of Beirut is back to normal
16:48 TCSP Group half-year throughput grows 11.4%
16:31 Kalmar service expertise to enhance safety, performance and productivity on WWO’s American routes from Manzanillo International Terminal in Panama
16:12 CMA CGM announces PSS from North Europe (except France) to Australia & New Zealand
15:26 Minister for Regional Growth and Local Government opens multi million pound bulks terminal at Teesport
15:21 St. Petersburg set to create infrastructure for all-electric passenger vessels
14:39 First supply of bunker fuel by Gazpromneft Marine Bunker to the brand new cruise ship Mustai Karim
13:52 MABUX releases weekly review of global bunker market
13:21 VIKING delivers first of ambulance boat trio for Hellenic Coastguard
12:32 Grain exports via Krasnodar Krai based seaports in Jan-Jul jump 32%
12:14 Port of Oakland import cargo volume grew 6.4 percent in July
11:33 MacGregor receives EUR 18 million RoRo orders from Japan
10:52 Australia authorities issue fumigation requirements for the 2020/2021 high risk season
10:17 Sea Port of St. Petersburg half-year cargo volume rose 3%
10:14 MABUX: Bunker market this morning, Aug 13
09:52 Crude futures prices retreat
09:32 Baltic Dry Index as of Aug 12
08:26 ME-GI engine sails through sea trials

2020 August 12

18:57 Risavika LNG index for September up by 8.9 % week on week
18:27 Andreas Rieckhof new Chairman of Hamburg Messe und Congress GmbH Supervisory Board
18:08 At the three Hamburg container terminals throughput volume down 12.0 % in H1 2020
18:07 Sri Lanka Ports Authority assures safe handling of dangerous cargo under UN regulations
17:47 Rosmorport’s Azov-Black Sea branch adds TSHD Sommers to its fleet
17:43 Boluda Towage Europe takes on two new tugs from Damen Shipyards Group
16:49 Investors set to inject in excess of RUB 19 bn in federal port infrastructure facilities development
15:44 MoD eyes placing more orders for the Steregushchiy class corvettes with Amur Shipyard
15:17 Joint R&D Starts for Use of Ammonia in Marine Transportation to Reduce GHG Emissions
14:47 CMA CGM announces PSS from Asia to North Europe
14:21 MST wins contract for building 19m high-speed patrol craft duo for the Royal Navy
14:03 MOL issues an update on the Capesize bulker "Wakashio" aground off Mauritius
13:20 Port of Kiel constructs the new port apron
12:01 THE Alliance announces COVID-19 response measures for September 2020
11:57 Northern Sea Shipping acquires the MV Siyaniye Severa
10:36 LNG vessel completes 10,000th Neopanamax transit at the Panama Canal
10:02 Crude futures prices continue upward trend
09:32 Baltic Dry Index as of Aug 11
09:00 MABUX: Bunker market this morning, Aug 12

2020 August 11

18:07 Saigon Newport chooses Kalmar Essential Terminal Tractor for Cat Lai Terminal
17:43 Global Industry Alliance developes Just In Time Arrival Guide
17:36 Maersk Tankers hires Eva Birgitte Bisgaard as its new Chief Commercial Officer