AsiaEuropeShipyardsTankers

TEN books shuttle tanker newbuild in South Korea

Greek owner Tsakos Energy Navigation (TEN) has returned to Samsung Heavy Industries for more shuttle tankers.

Shipbuilding sources have listed the New York-listed company behind an order for a 154,400 dwt newbuild South Korean shipyard revealed in a regulatory filing Monday. 

The $149m deal comes with an optional second vessel and is backed by a long-term charter with ExxonMobil. 

Earlier this year, the US supermajor also reserved up to four slots for shuttle tanker newbuilds at Samsung Heavy, with the first 150,000 dwt pair slated for delivery in June and December 2027.

The latest order brings TEN’s newbuilding projects to seven. Samsung Heavy will deliver the vessel by the end of August 2026, on top of two shuttle tankers delivering in 2025. 

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
Back to top button