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Private company

AET

Singaporean shipping company

AET is a Malaysian-owned Singapore-headquartered owner and global operator of crude and clean petroleum tankers alongside specialist activities including dynamic positioning shuttle tankers (DPSTs), hydro-carbon capture and ship-to-ship lightering to oil and gas companies, refineries and petroleum traders.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1994Founded1
  • Industryfreight transport1
  • HeadquartersKuala Lumpur1

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AET is a Malaysian-owned Singapore-headquartered owner and global operator of crude and clean petroleum tankers alongside specialist activities including dynamic positioning shuttle tankers (DPSTs), hydro-carbon capture and ship-to-ship lightering to oil and gas companies, refineries and petroleum traders. Its fleet of over 60 vessels includes 11 LNG dual-fuel vessels comprising five dual-fuel VLCCs, four dual-fuel Aframaxes and two dual-fuel Dynamic Positioning Shuttle Tankers, making it one of the leading providers of maritime transport to the international petroleum industry.2

The story

Originally a subsidiary of Neptune Orient Lines, AET, formerly American Eagle Tankers, was formed in Houston in 1994 to serve the US Gulf lightering market. From a fleet of just three tankers, the company grew to become a major force in that rapidly developing market.

In April 2003, it was announced that AET would become a wholly owned subsidiary of international logistics provider MISC Berhad (formerly the Malaysian International Shipping Corporation). The sale was finalised in July 2003. At that time, AET was operating around 25 vessels and this provided MISC with the critical mass and strategic positioning to serve its global petroleum customers with coverage in the Atlantic Basin, the Persian Gulf and the East Coast.

In 2007, the company's operations around the world were brought together under the single, global brand of AET.

From Wikipedia’s article on AET (company), shared under CC BY-SA 4.0.3

Timeline

  1. 1994Founded Founded1

Sources

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