Key opportunities in the shuttle tanker market arise from increasing deepwater oil exploration in regions like Brazil and the North Sea, and the rising use of Floating Production, Storage, and ...

MacGregor, part of Cargotec, has secured contracts to supply Pusnes bow loading systems for three newbuild shuttle tankers intended for operations in Brazilian waters. The order was booked into first ...

Shuttle tankers are specialized crude carriers that lift oil directly from offshore production units (FPSOs/FSOs or fixed platforms) and deliver it to onshore terminals or larger export tankers. They ...

TEN is constructing nine DP2 Suezmax Shuttle Tankers for Petrobras, expected to generate $2.0 billion in revenues. Tsakos Energy Navigation (TEN) has announced plans to construct nine DP2 Suezmax ...

At-a-Glance: Offshore crude is exported either via subsea pipeline to shore/hub or via offshore loading to a shuttle tanker (FPSO/FSO, CALM/STL systems). The process hinges on safe mooring/connection, ...

Earnings Call Insights: Tsakos Energy Navigation Limited (TEN) Q4 2024 The CEO highlighted a significant milestone with the company securing a $1.3B deal with Transpetro for nine DP2 shuttle tankers, ...

Leading shuttle tanker operator KNOT Offshore Partners reported another set of solid quarterly results. In addition, the company made important progress on the contracting front. Subsequent to quarter ...

ATHENS, Greece, May 01, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TEN) (the “Company”) today announced the delivery and naming of two DP2 suezmax shuttle tankers, the “Athens 04” and the “Paris ...

New York-listed Tsakos Energy Navigation (TEN) has won more shuttle tanker business to lift its charter backlog to $4bn. The ...