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 ...

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, ...