AET, the Kuala Lumpur-based tanker operator has announced that two of their 320,000 dwt Very Large Crude Carriers (VLCCs), which are currently under construction at the Daewoo Shipbuilding & Marine Engineering (DSME) yard, have officially been named. AET notes in an emailed statement that the M/T Eagle Verona’s naming ceremony was immediately followed by her delivery and commencement of a charter contract, while the newly-named M/T Eagle Versailles will be delivered in December.
AET notes that both ships “are built to the latest ‘eco-design'” with innovations that include MAN B&W’s latest super-stroke electronically controlled main engine (G-ME engine), together with a higher efficient propeller of larger diameter and lower rpm. Other energy saving enhancements include a ducted propeller, rudder bulb and propeller boss cap fins. In addition, both vessels are fitted with a ship eco-management system which includes ship performance monitoring, trim optimization and weather routing.
Image: AET
These vessels and their ship efficiency innovations qualify them for the Maritime and Port Authority (MPA) of Singapore’s Green Shipping Programme, which requires the Energy Efï¬ciency Design Index (EEDI) to exceed the International Maritime Organization’s (IMO) minimum requirements. AET notes these ships will have an EEDI 16.9% higher than the IMO baseline.
AET has two other vessels currently under construction consisting of a pair of 120k dwt shuttle tankers at Samsung Heavy Industries. Upon delivery in 2014 and 2015, these ships will be technically managed by OSM and operated in the Barents and North Sea.
CK Hutchison's plan to sell most of its $22.8 billion ports business is unlikely to be finalized anytime soon, with political brinkmanship set to continue, and sources saying that a Sunday deadline for exclusive talks was likely to be extended.
An Indian company shipped $1.4 million worth of an explosive compound with military uses to Russia in December, according to Indian customs data seen by Reuters, despite U.S. threats to impose sanctions on any entity supporting Russia's Ukraine war effort.
The White House announced Wednesday that Japan has agreed to a $550 billion package of U.S.-bound investment and loans as part of a new trade deal with the United States....
July 24, 2025
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