AET Launches Singapore-flagged New LNG Dual-Fuel VLCC

by Admin
AET Singapore flagged lng fueled tanker Eagle Veracruz

AET, a member of the MISC Group, and one of the leading owners and operators of maritime transportation assets and specialized services, celebrates a new milestone with the inaugural naming in Singapore of its latest Singapore-flagged liquefied natural gas (LNG) dual-fuel Very Large Crude Carrier (VLCC), Eagle Veracruz.

The 300,000 dwt eco-efficient Eagle Veracruz was named today by Singapore’s Minister for Sustainability and the Environment (MSE) Grace Fu, who is also the Lady Sponsor of the vessel. The ceremony, which was held at the PSA Keppel Terminal, also saw attendance by Teo Eng Dih, Chief Executive of Maritime and Port Authority of Singapore (MPA) and senior officials from MSE, Ministry of Transport (MOT), MPA and PSA.

As the world’s maritime industry unites for a cleaner future, Singapore is on the forefront as a leading global maritime port and the world’s largest bunkering hub with game-changing decarbonization initiatives to support a multi-fuel future. Today’s ceremony marks a strategic alliance that reinforces Singapore, Asia, AET and the MISC Group’s commitment to reducing emissions and achieving net-zero emissions by 2050.

Making the announcement, Zahid Osman, President & CEO of AET said:

“AET’s latest LNG dual-fuel VLCC, Eagle Veracruz, contributes to the MISC Group’s efforts in shaping a greener maritime ecosystem and the transition to cleaner solutions. This signifies a monumental leap forward in our fleet rejuvenation supporting a sustainable, low-carbon future. Coupled with our ongoing development of zero-emission vessels and collaborations with partners globally, we are translating ambitions into actions by reducing emissions while delivering more energy to decarbonize. These initiatives form the building blocks of the MISC Group’s decarbonization agenda and net-zero target by 2050.

I would like to thank our Lady Sponsor, Minister Grace Fu for naming the Eagle Veracruz; the MOT and the MPA for being a collective leading global force in driving decarbonization and climate change actions. Furthermore, to the PSA and all others involved in today’s inaugural naming ceremony.

My appreciation also goes out to Shell, our long-time charterer for their continued partnership, as well as Lloyd’s Register, Hanwha Ocean and colleagues from Eaglestar and AET, and the MISC Group for their respective contributions to the safe construction and delivery of Eagle Veracruz.”

Minister for Sustainability and the Environment and Lady Sponsor of Eagle Veracruz, Grace Fu said:

“I am honoured to name the Eagle Veracruz. This LNG dual-fuel VLCC is an example of how partnerships can advance environmental sustainability and support efforts to build a climate resilient future. With the registration of Eagle Veracruz, the Singapore Ship Registry has crossed the 100 million gross tonnage milestone. My heartiest congratulations to AET, MPA, and all partners involved. I look forward to seeing the vessel embark on its exciting voyages around the world.”

AET Singapore flagged VLCC tanker naming

About Eagle Veracruz

This is the third and final tanker delivered on long-term charter to Shell Tankers (Singapore) Private Limited as part of the agreement signed in 2021. Eagle Veracruz’s two sister vessels, Eagle Vellore and Eagle Ventura, were also constructed by Hanwha Ocean and delivered in 2023. AET and the Eaglestar site teams have been working closely with the yard to ensure safe construction and delivery and Eaglestar is the appointed ship manager of all three vessels.

Classed by Lloyd’s Register, the three 300,000 dwt tankers are designed with state-of-the-art technologies, optimized hull forms and propellers, wake improvement ducts and rudder bulbs to improve vessel’s energy efficiency further. Being among the most eco-efficient VLCCs available today, they comply with IMO’s 2025 EEDI Phase III and with a 99% reduction in sulphur oxides, 85% reduction in nitrogen oxides and 95% particulate matter.

About AET

AET is one of the leading global owners and operators of maritime transportation assets and specialised services, committed to moving energy responsibly and eco-efficiently as an advocate of sustainable shipping. Our current diversified fleet of over 60 vessels includes conventional and 10 dual-fuel tankers as well as collaboration on zero-emission vessels. Partnering global energy majors, refineries and traders, we drive collaboration to accelerate the industry’s energy transition through operational excellence. Headquartered in Singapore with commercial and operational offices in Malaysia, the US, the UK, Norway, Brazil, and Uruguay, AET is wholly owned by Malaysian energy logistics group MISC Berhad.

Source AET Tankers