Norway: Knutsen NYK Offshore Tankers Enters Charter Agreement for Newbuild Shuttle Tanker


Knutsen NYK Offshore Tankers AS, of which NYK has a 50 percent share, has entered into a time-charter contract with Standard Marine Tønsberg AS, owned by ExxonMobil Exploration and Production Norway AS, for 10 years plus an option for a new built dynamic positioning 112,000 DWT offshore shuttle tanker  to service SMT for their North Sea offshore fields.

The vessel will be delivered to SMT in the first quarter of 2014.

The vessel will be built at Hyundai Heavy Industries in Ulsan and equipped with bow-loading equipment. The tanker will also be a dynamic-positioning system class 2  vessel in order to satisfy the stringent North Sea shuttle tanker requirements.

The NYK Group will continue its efforts to provide stable and economical energy-transport services.

Shuttle tanker

Also called a “floating pipeline,” a shuttle tanker loads crude oil from floating production, storage, and offloading (FPSO) units in deepwater fields while maintaining a certain distance in the ocean, and then transports the oil to crude-oil storage units or petroleum storage stations on land.

Shipbuilding Tribune Staff, December 9, 2011;

Share this article

Follow World Maritime News

Posted on December 9, 2011

In Depth>


<< Oct 2016 >>
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Danish Maritime Technology Conference 2016

A part of Danish Maritime Days 

For the first half of 2016, the key buzzword of the maritime industry have been ‘The Fourth Industrial Revolution’. The global maritime industry stands in the midst of a market with changing dynamics, where emerging technologies give endless possibilities with an unprecedented processing power.

The emerging technologies have opened up for new products and services that increase efficiency through the entire maritime value chain. The Danish Maritime Technology Conference looks at the key drivers emerging in and from the Fourth Industrial Revolution – the technologies, the products and the services that leads this market change.

The new waves of accelerating technological development require new forms of conducting agile business, given the speed at which innovation and disruption takes place. Members of Danish Maritime are global market leaders within the maritime industry, and together with specialists they will discuss their core challenges and present their solutions to a game changing market.

More info

read more >

Danish Maritime Days 2016

At this year’s Danish Maritime Days, four themes will highlight some of the most important challenges and opportunities which the global…

read more >

Maritime Standard Tanker Conference

The event will highlight the main regional trends in crude, chemical and product tanker operations, giving attendees a unique insight into…

read more >


SHIPTEC CHINA builds up itself into a more outstanding, influential and well-reputed maritime event in northern China…

read more >