Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major's refusal to accept local insurance for tankers after Western insurers pulled out due to sanctions, several industry sources told Reuters…
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. The vessel has been named “Sindre Knutsen.”Like its sister ship “Frida Knutsen…
An inferno at Cuba's largest oil storage facility has killed at least one firefighter, injured many more, and threatens to further swell the fuel import bill for the impoverished island nation that relies on foreign oil for everything from transportation to its power grid…
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…
Shell said on Friday it had loaded and shipped a cargo of liquefied natural gas (LNG) this week at its Prelude floating LNG facilityafter workers scaled-down industrial action at the site off northwestern Australia.The oil and gas giant slowed output at the 3…
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…
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…
Liquefied natural gas (LNG) tanker Arctic Voyager is set to arrive at Norway's Hammerfest terminal on May 9, Refinitiv Eikon data showed on Monday, ahead of a planned restart of gas production the following week.Europe's only large-scale LNG plant…
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…
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…
More shuttle tankers will be needed in the years ahead to keep pace with a projected rise in oil volumes needing transport, Rystad Energy said.Produced volumes requiring transport key shuttle tanker markets Brazil, Canada, Norway, the U.K. and Russia are expected to rise to 3…
Tanker operator AET has taken delivery of Eagle Campos, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose built for long-term charter to Brazil Shipping I Limited, a subsidiary of Shell.Shuttle tankers are…
The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, said on Friday it made no deliveries of sour crude from storage last month, following two storms that hit the U.S. Gulf Coast.The facility closed on August 28 ahead of Hurricane Ida…
The Cambodian government is seeking the return of an oil tanker and its crew who have been detained in Indonesia, alleging that the ship had loaded oil illegally from an offshore oil field, a government official said on Thursday.The Bahamas…
Indonesia's navy is preparing to charge the captain of a ship accused of loading oil illegally in Cambodia and anchoring in Indonesian waters without permission, according to local authorities and the vessel owner.Bahamas-flagged tanker MT Strovolos…
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