A wave of new investment in dedicated shuttle tankers has been spurred by the age profile of the existing fleet coupled with surging developments in the Brazilian offshore market.Constituting a specialized asset class, dynamic positioning (DP) shuttle tankers are a flexible and cost effective way of lifting and transporting oil from offshore fields
Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are heading for India and China, shipping data from LSEG and Kpler showed.The vessels joined a number of tankers leaving the Gulf this month, although oil and LNG traffic overall has still been limited.
A Quick Q&A with Port of the Future Founder and Event Director Kevin Clement on key differentiators and the value of attending, exhibiting and speaking at Port of the Future 2026:CLICK HERE to discover the conference line-up and to register for Port of the Future 2026 in Houston, March 23-25.Q: What inspired the creation of the Port of the Future Conference?The idea started in 2019 with Dr.
Newbuilds expand AET’s dual-fuel fleet to all of its sectors: Aframaxes, Shuttle Tankers, Suezmaxes and Very Large Crude Carriers (VLCCs)AET signed shipbuilding agreements with Samsung Heavy Industries (SHI) for the construction of two LNG dual-fuel Suezmax tankers.The vessels will further expand AET’s growing dual-fuel fleet operating worldwide.
Now in its 7th edition, the 2026 MaritimeONE Case Summit was launched by the Singapore Maritime Foundation (SMF) in partnership with industry sponsors AET, MSC Mediterranean Shipping Company, Petredec Global and Pacific International Lines (PIL).Through this annual case competition
The U.S. Center for Maritime Innovation (USCMI), with the Maritime Administration and facilitated by the American Bureau of Shipping (ABS), convened maritime, energy, and public-sector leaders for its Innovation Café focused on Small Modular Reactor (SMR) technologies for maritime applications, advancing dialogue on next-generation propulsion and energy solutions for the U.S. maritime sector.
EcoNavis Solutions is developing a next generation wind-assisted propulsion system designed to enhance the performance and commercial viability of Flettner-type rotor sails for deep-sea shipping. The company’s Eco Rotor Sail introduces a patented tail-appendage device designed to increase thrust, reduce power demand, and widen the range of wind angles in which rotor sails can operate efficiently.
The World Submarine Organization (WSO) and Submersible Operators Group (SOG), in partnership with the MTS Submarine Committee and Det Norske Veritas (DNV), have announced the 23rd International Submarine Symposium, scheduled for September 15–18, 2026 at the International Maritime Museum and DNV Headquarters in Hamburg, Germany.
Thordon Bearings Inc. has partnered with the Society of Naval Architects and Marine Engineers (SNAME) to launch the Thordon Bearings Graduate Scholarship, an annual award that will support exceptional postgraduate students developing solutions to reduce the marine industry’s environmental footprint.Made possible through a significant contribution from Thordon founder George A.
AET signed an agreement for its first hybrid electric Dynamic Positioning Shuttle Tanker (DPST), designed to be dual-fuel, lower-emissions-ready and secured on long-term charter. AET operates one of the world’s largest DPST fleets, with 17 vessels deployed across Brazil and Norway, and further growth planned.
Oil companies aiming to participate in new exports of Venezuelan crude to the U.S. following the ouster of President Nicolas Maduro are in hasty discussions to find tankers and put together operations to transfer the crude safely from vessels and dilapidated Venezuelan ports, four sources familiar with the operations said.
MISC Group said has signed shipbuilding contracts for two LNG dual-fuel Suezmax tankers through its petroleum and product shipping arm AET, marking a further step in its fleet renewal and energy transition strategy.The vessels will operate under long-term time charter party agreements, which the company said will strengthen financial resilience and support disciplined growth.