AET Adds Hybrid Electric Dynamic Positioning Shuttle Tanker
AET signed an agreement for its first hybrid electric Dynamic Positioning Shuttle Tanker (DPST), designed to be dual-fuel, lower-emissions-ready and secured on long-term charter. AET operates one of the world’s largest DPST fleets, with 17 vessels deployed across Brazil and Norway, and further growth planned. With dual-fuel capability across all tanker segments, the addition of hybrid electric propulsion further broadens lower-emissions optionality for customers while enhancing competitiveness.The agreement was signed with Dalian Shipbuilding Industry Corp.
Kongsberg Maritime to Equip Tsakos Group's Shuttle Tanker Newbuilds
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 shipowner Tsakos Group.The vessels will be a bare-boat charter by Brazilian energy logistics company Transpetro, supporting offshore operations in Brazil’s pre-salt oil fields.Construction of the vessels will take place at SHI’s shipyard in South Korea, with deliveries scheduled to begin in 2027.
DNV to Classify COSCO-Built Methanol-Ethanol Ready KNOT Shuttle Tanker
Classification society DNV has signed a new contract with Cosco Shipping Heavy Industry Zhoushan Shipyard (COSCO) for the classification of a newly contracted methanol-ethanol ready Suezmax DP2 shuttle tanker ordered by Knutsen NYK Offshore Tankers (KNOT).The vessel, part of a broader fleet expansion by KNOT, to be operated under charter to Norwegian energy major Equinor, marks the latest milestone in a long-standing collaboration between the companies.The 154,000-deadweight-tonne (dwt) shuttle tanker features dual-fuel capability with methanol-readiness…
Brunvoll Signs Contract for 45 Thruster Order
Brunvoll has signed a contract with Samsung Heavy Industries for the delivery of comprehensive thruster and control system packages for nine DP2 shuttle tankers. The order includes a total of 45 thrusters, making it the largest contract in Brunvoll’s history in terms of both scope and value. The vessels, owned by Tsakos Energy Navigation Ltd., will be placed on long-term bareboat charter to Transpetro, a logistics subsidiary of Petrobras.Brunvoll’s delivery for each vessel consists of three retractable azimuth thrusters, and two tunnel thrusters.
Shipyard in Focus: Tsuneishi Shipbuilding – 120 Years of Innovation & Expansion
For more than 120 years, Tsuneishi Shipbuilding has been a force in global shipbuilding, evolving from a small domestic enterprise into an internationally respected brand. Established in 1903 by Katsutaro Kambara, Tsuneishi's journey mirrors the broader industrial and economic transformations of Japan and the maritime world itself.Kambara's initial venture, Kambara Kisen Co., Ltd., was focused on shipping operations. By 1917, the company established its own construction and repair facility, Shiohama Dockyard, at the site of today's Tsuneishi Factory.
Greek Shipowner Acquires Altera’s Shuttle Tanker Business
Altera Infrastructure has entered into an agreement to sell all its membership interests in Altera Shuttle Tankers (AST) to Maistros Shiptrade, a company affiliated with the Angelicoussis Group.Altera Shuttle Tankers, a shuttle tanker provider, owns and operates 18 shuttle tankers in Brazil, Canada and the North Sea.The Angelicoussis Group is one of the world’s largest privately owned shipping groups, currently with 144 vessels on the water and 23 vessels, including three shuttle tankers…
KNOT Makes Tanker Swap
KNOT Offshore Partners announced that its wholly owned subsidiary, KNOT Shuttle Tankers, has entered into agreements with parent ocompany Knutsen NYK Offshore Tankers AS (KNOT), to simultaneously acquire from KNOT the 2021-built, industry-standard Suezmax shuttle tanker Tuva Knutsen and sell to KNOT the smaller-scale, 2011-built shuttle tanker Dan Cisne.These transactions will be effected by the purchase and sale of the entities which own the respective vessels. The purchase price…
MOL and Petrobras Sign Cargo Transfer Vessels Deals
Mitsui O.S.K. Lines (MOL) and Brazil’s state-owned energy giant Petrobras have signed a charter contract for cargo transfer vessel (CTV) SeaLoader 2, and agreed to start negotiations for a new CTV shipbuilding contract by the end of 2024.MOL signed the deal through its wholly owned subsidiary, SeaLoading Holding, which owns and operates CTVs.SeaLoading started a CTV agreement with Petrobras for SeaLoader 2 on a trial period in January 2022, and successfully completed more than 30 crude oil offloading operations from Petrobras' FPSOs located in the Santos Basin…
Altera Hires DOF to Install Voyageur Spirit FPSO Offshore Ivory Coast
Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems, flowline between the FSO – a converted shuttle tanker Nordic Brasilia - and the Voyageur Spirit FPSO, along with their associated equipment.The contract for the redeployment of the FPSO and the FSO was secured by Altera back in October 2023.Voyageur Spirit is a cylindrical-shaped FPSO…
Enclosed Spaces: Engineering Solutions
If you think the human element is the only cause of enclosed space deaths, think again.Enclosed space incidents are cited as the largest cause of on-duty fatalities in commercial shipping. The risks can’t simply be engineered out, but there’s a powerful coalition wanting action nonetheless.There’s a tendency to blame failure to follow procedures, they say. Investigations seldom focus on the practicality of those procedures or the influence of the operating environment and vessel design, they say.
Eni to Deploy Cylindrical FPSO, Converted FSO at Giant Offshore Oil Field in Ivory Coast
Altera Infrastructure has been awarded contracts for the redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Ivory Coast.The vessels are set for deployment on the Baleine field with a 15-year firm contract. The development of the project will be on a fast-track schedule, with a planned start-up date for Phase 2 in the fourth quarter of 2024. The vessels, Voyageur Spirit and Nordic Brasilia, are currently undergoing life extension work and field-specific modifications at Drydocks World in Dubai. Voyageur Spirit is a cylindrical-shaped FPSO, that previously operated on the Huntington field in the North Sea until 2020.
Maritime Partners Buys AMSC's Jones Act Tanker Fleet
New Orleans-based Maritime Partners has reached a deal to acquire AMSC subsidiary American Tanker Holding Company, which owns a fleet of 10 Jones Act tankers.Maritime Partners' newly formed Project Merchant Acquisition arm signed a share purchase agreement with Oslo-listed AMSC to acquire AHTC for an enterprise value of $746.7 million. AMSC will receive $249.3 million in gross cash proceeds from the sale.The transaction is expected to close on or before October 31, 2023, subject to certain closing conditions and AMSC shareholder approval.ATHC…
From Telford Offshore to KNOT Offshore: Derek Lowe Named New CEO and CFO
Shuttle tanker owner KNOT Offshore Partners will appoint Derek Lowe as new Chief Executive Officer and Chief Financial Officer with effect from the week of September 11, 2023.The new appointment comes following the decision of Gary Chapman to step down as the Partnership’s CEO/CFO announced on April 10, 2023. Lowe will join the KNOT Offshore Partners from Telford Offshore, a provider of accommodation, construction, and pipelaying in the global offshore energy services industry. He has served as the Group Company Secretary of Telford Offshore since its formation in 2018, having provided consultancy services to its predecessor since 2015. He worked from 2011 to 2015 for the debt capital markets group of Pareto Securities, and from 1994 to 2010 for the equity capital markets group of UBS. Mr.
Remote Survey is the New End-Game
More than remote witnessing, more than remote data analysis, remote survey techniques are now going to aid the shift to full vessel autonomy.The technology that enables a robot to safely navigate an environment it has no prior knowledge of is called Simultaneous Localization and Mapping (SLAM). “It is the key to autonomy for any aspiring can-do inspection robot.” That’s according to ScoutDI, a participant in the REDHUS project led by DNV which is developing a prototype inspection drone.SLAM is not a specific, copyrighted piece of technology.
ADS Maritime Holding Acquires 10% Stake in High-Spec Dive Support Vessel
ADS Maritime Holding said Wednesday it had acquired a 10% stake in a Dive Support Vessel and will act as Commercial Manager with primary responsibility for following up the shipowning company’s activities related to the vessel and the bareboat contract.The vessel “Southern Star” is a high spec DP3 Dive Support Vessel (“DSV”) built in 2017, suited for light subsea construction work (150t subsea crane) and advanced dive support work with accommodation for approximately 120 pax.
KNOT Takes Delivery of Dual-Fuel Shuttle Tanker. Charter Secured with Eni
Knutsen NYK Offshore Tankers (KNOT), an affiliate of NYK, has taken delivery of a dual-fuel LNG shuttle tanker built at Daewoo Shipbuilding & Marine Engineering yard in South Korea.
KNOT's First LNG Dual Fuel Shuttle Tanker Delivered
A dual-fuel LNG (liquefied natural gas) shuttle tanker1 ordered by Knutsen NYK Offshore Tankers AS,2 which is an affiliate of NYK, was delivered on August 2 at Daewoo Shipbuilding & Marine Engineering Co. Ltd. The vessel has been named Frida Knutsen.The shuttle tanker will be chartered to ENI Trade & Biofuels S.p.A, a subsidiary of Ente Nazionale Idrocarburi S.p.A (ENI), 3 and will be engaged in oil transportation in the North Sea and Barents Sea.The vessel will be KNOT's first dual-fuel shuttle tanker that can use not only heavy fuel oil but also LNG.
AET Unveils Shuttle Tanker for Long-term Charter to Petrobras
Tanker shipping company AET on Thursday named its newest vessel, Eagle Crato, the final of three Suezmax Dynamic Positioning (DP2) shuttle tankers purpose-built for long-term charter to Petróleo Brasileiro S.A. – Petrobras, based on the agreement signed in February 2020.The Eagle Crato was unveiled at a naming ceremony held at the Samsung Heavy Industries (SHI) Shipyard in Geoje, South Korea. Eagle Crato will be delivered to AET on Friday, and subsequently to Petrobras to commence her operations in the Brazilian Basin in a few weeks…
ADS Maritime Holding Buys Into Equinor-bound Shuttle Tanker Quarter
ADS Maritime Holding has agreed to acquire a 5 % shareholding in AET Sea Shuttle AS and AET Sea Shuttle II AS, the owners of four modern shuttle tankers operating in the North Sea, mainly on long term charters to Equinor. The vessels are Eagle Blane, Eagle Balder, Eagle Bergen, and Eagle Barents. Shuttle tankers are used for the offloading and transporting oil from offshore oil installations.The majority partner in the owning companies will remain major Malaysian tanker owner AET, part of the MISC/Petronas Group. "The vessels are operated by OSM Maritime. Sellers are ADS Shipping Limited.
Shuttle Tanker Eagle Colombo Delivered to AET
Shipping company AET on Wednesday took delivery of Eagle Colombo, its latest second generation dynamic positioning shuttle tanker (DPST) from Korean shipbuilder Hyundai Heavy Industries (HHI).The Singapore-registered newbuild is the third and final vessel in a HHI-built series to be operated on long-term charter to Shell in Brazil.AET struck a deal with Shell in December 2019 to operate the three shuttle tankers in the international and Brazilian Basin on a long-term charter.
Samsung Delivers Shuttle Tanker to Altera
Altera Infrastructure, formerly known as Teekay Offshore, said it has taken delivery of a new shuttle tanker from Samsung Heavy Industries in South Korea.The 148,200 DWT newbuild, Altera Thule, was handed over to Altera on Thursday. The ship's crew is currently on board and preparing for sail away after familiarization, testing and drills, the company said.The Bahamas-registered suezmax will operate on long-term contracts with a group of companies that includes Chevron, Exxon, Husky, Equinor, Suncor and more, to provide shuttle tanker services off Canada's East Coast.
AET's Petrobras-bound Newbuild Shuttle Tanker Named in South Korea
Tanker operator AET named its new shuttle tanker Eagle Colatina earlier this week in South Korea.The vessel is the first of three purpose-built Suezmax dynamic positioning (DP2) shuttle tankers for a long-term charter to the Brazilian oil company Petrobras based on the agreement signed in February 2020.Shuttle tankers are used for the offloading and transporting oil from offshore oil installations.The DP2 shuttle tanker Eagle Colatina, which AET says is eco-friendly and highly efficient…
AET Takes Delivery of Eagle Canoas
Singapore-headquartered shipowner AET said it has taken delivery of Eagle Canoas, its newest shuttle tanker from South Korean shipbuilder Hyundai Heavy Industries Co., Ltd (HHI).The Dynamic Positioning (DP2) vessel is the second in a series of three Suezmax shuttle tankers chartered by Shell in Brazil.AET struck a deal with Shell in December 2019 to operate the three shuttle tankers in the international and Brazilian Basin on a long-term charter. The first vessel, Eagle Campos…