AET

🌟Our warmest wishes for a joyous Deepavali🌟May this Festival of Lights bring you and your loved ones abundant joy, happiness and peace. May the spirit of Deepavali – rooted in reflection, gratitude, and hope for a brighter future – inspire us as we continue #deliveringProgress as #oneAET! Happy Deepavali from AET, part of the MISC Group.🪔

The Future of Maritime Energy: Collaboration is Key There is no one-size-fits-all solution to decarbonisation but what is needed is a pragmatic, collective approach. This was one of the points shared by Robert Sullivan (Rob), AET's Global Director of Business Development & Technology at the S&P Global Asia Gas Markets Conference held in Singapore on 22 October 2024. He was speaking at a panel discussion on #LNG and the Future of Maritime Transportation. Emphasising that both LNG and ammonia have important roles, Rob said advancing maritime's energy transition requires collaboration: “It’s a partnership model and responsibility needs to be carried by everyone in the value chain." To accelerate progress in this area, AET has teamed up with innovators such as Daphne Technology and the Maritime and Port Authority of Singapore (MPA)’s Maritime Energy Transition Facility (METF) (https://lnkd.in/gQvAXAFy) to address challenges such as methane slip and to develop specialised training courses, focusing on future fuels and technologies. Here are some other key takeaways from the session: ➡ LNG isn't just a bridge fuel. It's here to stay. It remains a vital option for reducing emissions in the near term. ➡ Regulatory momentum: Policy changes are key to fostering the right incentives and advancing cleaner fuel adoption. ➡ The power of Collaboration: The maritime industry, like aviation, needs a breakthrough in sustainable fuels and achieving this will require cooperative efforts, including innovations like carbon capture and storage. We will continue to share our expertise and experience as we work with our industry partners for a sustainable and impactful future in shipping. We’d like to also thank the other panellists and moderator Pradeep Rajan of S&P Global Commodity Insights for an engaging discussion on these topics. #AET #deliveringProgress #oneAET #Sustainability #SIEW

𝗔𝗘𝗧 𝗵𝗮𝘀 𝗰𝗹𝗶𝗻𝗰𝗵𝗲𝗱 𝘁𝗵𝗲 𝗧𝗮𝗻𝗸𝗲𝗿 𝗢𝗽𝗲𝗿𝗮𝘁𝗼𝗿 𝗼𝗳 𝘁𝗵𝗲 𝗬𝗲𝗮𝗿 𝟮𝟬𝟮𝟰 𝗮𝘄𝗮𝗿𝗱 as joint winner with Tsakos Energy Navigation at The Tanker Shipping & Trade 2024 Awards! The award recognises tanker operators who have demonstrated outstanding performance, innovation, leadership and sustainability achievements over the past 12 months. AET won based on performance across several key areas: 🔹𝗘𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁𝗮𝗹 𝗦𝘁𝗲𝘄𝗮𝗿𝗱𝘀𝗵𝗶𝗽: Delivery of three new LNG dual-fuel VLCCs and contracted to develop two of the world’s first ammonia dual-fuel Aframaxes. Reduced emissions intensity by 15% and Scope 1 absolute GHG emissions by 20% vs. 2008. 🔹𝗖𝗼𝗺𝗺𝗶𝘁𝗺𝗲𝗻𝘁 𝘁𝗼 𝗦𝗮𝗳𝗲𝘁𝘆: Achieved LTIF of 0.17 and TRCF of 0.25 which are significantly below the industry’s (INTERTANKO) average LTIF of 0.43 and TRCF of 0.97. 🔹𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵: Strong financial performance, revenue of $1,077 million and a net profit after tax and minority interest of $236 million, with an improved net debt-to-equity ratio. 🔹𝗦𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁: One of the few private tanker companies that disclose ESG data with reference to GRI, SASB, and TCFD standards 🔹𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝗖𝗿𝗲𝘄 𝗪𝗲𝗹𝗳𝗮𝗿𝗲: Prioritised crew welfare, achieving significant learning hours and improved engagement scores, contributing to a motivated and skilled workforce. See more here: https://lnkd.in/g9vHRwVi #AET #deliveringProgress #fleetsustainability #tankershipping #TST2024 International Tanker & Terminal Operators Community

Ahead of #Deepavali, here's a video from MISC Group on how light shines the brightest when shared. Enjoy! #VesselsofLight #celebrations #Deepavali2024

Celebrating Family and Togetherness in Rio! Our Rio team had a fantastic Family Day with colleagues from MISC Marine and MISC Offshore Business at Lajedo where they enjoyed delicious Brazilian barbecue, traditional cuisine, and fun activities for all ages! "Family Day was really special for me as I could enjoy quality time with my family and my colleagues. My family and I really enjoyed it!" shared Daniel Villeroy, Finance Manager. Isabela Souza, Administrative Assistant added, "Family Day event was a memorable experience. It gave us a great opportunity to spend time with our families, catch up with colleagues and meet new people." Family Days at AET are all about coming together to have fun, and enjoy the warmth of family, friendships and community. Thank you to everyone who made this event a success. Here’s to more opportunities to celebrate and bring our AET family closer! #AET #oneAET #FamilyDay 

Fostering Connections at the 39th SSA Anniversary Gala Dinner Together with colleagues from the MISC Group, we attended the Singapore Shipping Association (SSA)’s 39th Anniversary Gala Dinner, an event that brought together ~2,400 distinguished guests, including government officials, and key leaders from the maritime industry.    “Our participation and support reflect our commitment to fostering strong relationships and staying engaged with our key stakeholders across the sector,” said Zaw Min, Director, Commercial Operations - DPST & VLCC. We would like to extend our thanks to the Singapore Shipping Association for hosting events like this, and look forward to building on these connections, deepening partnerships and exploring new collaborations as we continue #deliveringProgress toward a more sustainable future. #AET #StakeholderEngagement #SSAGala

Celebrating Safety and Excellence: HSSE Recognition Day 2024 Safety is of utmost importance to all of us at AET. Caring for one another and complying with HSSE rules are key aspects of how to foster a safe environment for all. These were some of the points covered by our President and CEO, Zahid Osman, at the recent HSSE Recognition Day organised by the MISC Group.   Zahid, who is also MISC President and Group CEO, noted the importance of upholding shipping safety, maritime security and protecting the marine environment. He emphasised how compliance with our HSSE rules protects all our colleagues both off and onshore.   The hybrid event, livestreamed from the MISC Kuala Lumpur office, brought together participants from various AET offices globally. It featured an engaging interview with David Baker, AET’s Head of Offshore and Global Lightering, and a presentation by Halisham Ismail, AET’s HSSE Manager. They shared valuable insights and highlighted the achievements of the AET Offshore team in our STS operations.   Colleagues across AET and the MISC Group were celebrated for their contributions towards strengthening our Generative HSSE culture at the event.   The annual HSSE Recognition Day is a culmination and celebration of our safety initiatives, and is also a timely reminder and challenge to all of us – that we must continually evaluate and improve our safety practices. This is so that all our employees are safe and can do their best work each day.   #HSSERecognitionDay #deliveringProgress #HSSE #SafetyFirst

As our second female mooring master, LeighAhn Ferrari is making waves in the maritime industry. Check out how she is #deliveringProgress at AET!

🚨 SCAM ALERT🚨  We are aware that there are fake AET representatives targeting job seekers. Scams have included fake recruitment emails and contracts from “AET Offshore Inc.” via the domain recruitment@aet-offshoreinc.com – this is NOT a legitimate AET domain.

AET Assembles 200 Solar Lights for Communities in Need Despite rising electricity access, more than 1.18 billion people still live in energy poverty, according to a 2024 United Nations Development Programme (UNDP) report (Source: https://lnkd.in/ga32X_-c). With a little teamwork, we are doing our part to brighten lives and create opportunities. Recently, colleagues from our offices in Singapore, Kuala Lumpur, Labuan, Houston, Galveston, London, and Rio assembled 200 solar lights as part of SolarBuddy Live’s Hour of Power. These lights will be delivered to children in communities without reliable electricity, bringing them clean, sustainable lighting, reducing their reliance on harmful energy sources, and extending their activity hours after dark. As we celebrate 30 years of moving energy around the world and delivering progress, we remain steadfast in our commitment to powering change in the communities where we live and work in. For more information on our community investments, please visit https://lnkd.in/gjHcxhbX Jambar Team Building Impact 4 Good #AET #oneAET #AETcares #CommunityInvestment