The charters on the newbuildings were signed in a virtual ceremony on Thursday.
The VLCCs will be built at Daewoo Shipbuilding & Marine Engineering in South Korea, which booked the berths for the major in a letter of intent signed last year.
The vessels were priced at around $100 million each by the yard in a December statement.
Shell said the first vessel will be operational from 2022.
Fuel savings
The 10 vessels will be on charter to Shell for seven years.
Shell said the main engines and vessel design chosen for the ships will mean these tankers have the lowest possible methane slip and highest fuel efficiency .
AET takes delivery of DP2 shuttle tanker Eagle Pilar
AET, one of the world’s leading petroleum tanker owners and operators, took delivery of Eagle Pilar today, a new Suezmax second generation Dynamic Positioning (DP2) Shuttle Tanker which has been purpose built for long-term charter to Brazil Shipping I Limited, a wholly owned indirect subsidiary of Royal Dutch Shell plc.
Eagle Pilar has been successfully delivered to AET by Samsung Heavy Industries (SHI) in South Korea. The vessel was safely constructed at the SHI yard and timely delivered amid the COVID-19 outbreak with all extra health and safety precautions taken by AET and the Eaglestar site teams working closely together with the SHI team to safeguard the ongoing construction and delivery.
AET accepts delivery of 1st Shell-chartered DP2 shuttle tanker January 6, 2021, by Naida Hakirevic
AET, a petroleum logistics unit of Malaysian energy logistics group MISC Berhad, has taken delivery of Eagle Pilar, a new Suezmax second-generation dynamic positioning (DP2) shuttle tanker built at Samsung Heavy Industries (SHI) shipyard in South Korea.
Image Courtesy: AET
The 153,180 dwt newbuild has been purpose built for a long-term charter to Brazil Shipping I Limited, a subsidiary of Royal Dutch Shell plc. In 2018 and 2019, AET won a total of four long-term charter contracts for DP shuttle tankers from Brazil Shipping I Limited. Related Article Posted: over 2 years ago
AET Sees 25-30% Fuel Savings From New Generation of Suezmax Tankers
by Ship & Bunker News Team
Wednesday January 6, 2021 Shipping company 30% from its newest Suezmax tankers, the company said Wednesday. AET has taken delivery of the
Eagle Pilar, built for long-term charter to
Shell subsidiary The new ship is
25-30% more fuel efficient than the company s previous range of dynamic positioning shuttle tankers, built in the early 2010s, AET said.
2021 and 2022. It is another great testament of collaboration showcasing what can be achieved when everyone in the industry works together to deliver innovative and sustainable solutions to our customers while contributing to a low-carbon future,