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>

Events>

<< Apr 2015 >>
MTWTFSS
30 31 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 1 2 3

Ice Class Vessels

Many kinds of Vessel operate near the poles, all of which are exposed to a number of unique demands…

read more >

17th Annual Global Liner Shipping Conference

Participants of GLS 2014 assessed industry’s most critical topics:
– Analysed the potential impact of the P3 alliance…

read more >

7th International Conference & Exhibition

The conference is a targeted event specially designed for, and aimed at, representatives from operations, maintenance and engineering from…

read more >

Sea Asia 2015

Sea Asia 2015 is expected to attract more than 14,000 participants including CEOs, presidents, decision-makers and maritime professionals…

read more >