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AET is the delivery of the 53rd Aframax
At a ceremony held on 29 July 2010 at the Sungdong shipyard in Korea, Paramount Tankers – the tanker company jointly owned by AET and Golden Energy of Athens, Greece – took delivery of a new 114,164dwt vessel. The vessel was formally named “Paramount Helsinki” by Mrs. Jean Card, wife of Vice Admiral James Card, a member of the AET Board of Directors.
Paramount Tankers has placed orders for six aframax tankers with the
Sungdong yard. Three have now been delivered and the remaining three
vessels are due to be delivered later this year. All Paramount Tankers’
vessels are commercially managed by AET and operate as part of the
worldwide AET aframax fleet which is now 53 vessels strong.
Paramount Helsinki was formally named by Mrs Jean Card, wife of Vice
Admiral James Card, a member of the AET Board of Directors. Presiding
over the ceremony was AET President and CEO Hor Weng Yew who said:
“The delivery of Paramount Helsinki cements AET’s position as one of the
largest owner-operators of aframax tankers in the world and marks
another key milestone in the continued growth of AET.? We are also very
pleased to be working in partnership with Golden Energy and for the
contribution the Paramount fleet is making to our operations.”
AET specialises in the global ocean transport of petroleum and operates a
fleet of 76 petroleum vessels comprising 11 VLCCs, 53 aframax, one
suezmax, one panamax and ten clean tankers. AET has a further 21 vessels
on the newbuilding list. The company is headquartered in Kuala Lumpur,
with commercial centres in Singapore, London, Houston and Gurgaon
(India), together with a specialist offshore lightering unit in
Galveston, Texas. AET is a wholly-owned subsidiary of Malaysian energy
logistics group, MISC Berhad.
Source: AET
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