Newbuild Supertanker Orders Hit Record High, Surpassing 2008 Peak
The world’s shipowners have placed orders for a record number of new oil supertankers, surpassing a boom back in 2008 that ultimately led to a glut and a collapse in rates.
MT Eagle Verona, image: AET
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.

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.
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