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, ...

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 ...

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 ...

Averitt (CCJ Top 250, No. 25) is expanding its partnership with bourbon distilleries by adding dedicated tanker truck services to support the industry’s growing production needs in Kentucky. Kentucky ...

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 ...