Kongsberg Maritime has signed a contract with Samsung Heavy Industries (SHI) to supply integrated technology packages for nine new Dynamic Positioning (DP) Shuttle Tankers, being built for Greek ...

Tsakos Energy Navigation (NYSE:TEN) has finalized a deal for nine shuttle tanker newbuildings with Samsung Heavy Industries in a deal valued at ~$1.3B, Splash247.com reported Wednesday. The vessels, ...

Kongsberg Maritime has secured a contract to supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services ...

Brazilian energy giant Petrobras S.A. PBR inked a charter contract with SeaLoading Holding, a subsidiary of Japan’s Mitsui O.S.K. Lines (“MOL”). The charter contract was signed for the cargo transfer ...

COSCO Shipping Heavy Industry (Zhoushan) Co., Ltd CHI (Zhoushan), a key player in China's shipbuilding industry, has made remarkable strides in the highly competitive global shuttle tanker market, ...

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, ...

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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 ...

Crude oil transport from FPSOs moves stabilized crude from offshore storage to market via shuttle tankers or pipelines, linking offshore production to midstream logistics and refining. II.2.1 ...

Management expressed confidence in market fundamentals, highlighting strong demand from major energy clients and a positive medium to long-term market outlook. TEN plans to continue its strategic ...