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日本海事新聞ニュース Japan Maritime Daily Aug 19, 2025 (Tue)

NYK Maintain Strong Position in the shuttle Tanker Market

Shuttle tankers operated by KNOT
 NYK has established a top share in the shuttle tanker business, which is jointly conducted with the ・・・ %E3%80%80%3Cb%3ENYK%3C%2Fb%3E+has+established+a+top+share+in+the+shuttle+tanker+business%2C+which+is+jointly+conducted+with+the+Norwegian+shipping+company+Knutsen+Group.+Demand+for+shuttle+tankers+is+expected+to+increase+going+forward+for+offshore+oil+field+development%2C+mainly+off+the+coast+of+Brazil.+By+leveraging+its+technological+strengths+and+other+advantages+to+meet+the+transportation+needs+of+energy+companies%2C+it+will+play+a+role+in+ensuring+a+stable+supply+of+crude+oil.+%3Cbr%3E%E3%80%80With+an+eye+on+the+shift+in+oil+field+development+from+onshore+to+subsea%2C+%3Cb%3ENYK%3C%2Fb%3E+entered+the+offshore+business+by+leveraging+the+knowledge+of+ships+and+the+ocean+it+has+cultivated+over+many+years.+In+2008%2C+the+Offshore+Business+Group%2C+the+department+in+charge%2C+was+established.+%3Cbr%3E+%3Cbr%3E%E3%80%80Starting+from+marine+transportation%2C+which+constitutes+the+midstream+of+the+crude+oil+supply+chain%2C+%3Cb%3ENYK%3C%2Fb%3E+has+also+entered+the+upstream+sector+involved+in+production.+Drillships%2C+three-dimensional+seismic+survey+vessels%2C+FPSOs+%28Floating+Production%2C+Storage+%26+Offloading+systems%29%2C+and+shuttle+tankers+are+the+pillars+of+the+offshore+business.+%3Cbr%3E%E3%80%80The+shuttle+tanker+business+is+conducted+through+Knutsen+%3Cb%3ENYK%3C%2Fb%3E+Offshore+Tankers+%28KNOT%29%2C+a+Norwegian+shipping+company+jointly+invested+in+by+%3Cb%3ENYK%3C%2Fb%3E+and+Knutsen%2C+headquartered+in+Haugesund.+%3Cbr%3E%E3%80%80A+shuttle+tanker+is+a+specialized+vessel+that+transports+crude+oil+produced+at+an+FPSO+%28Floating+Production%2C+Storage+%26+Offloading+system%29+located+above+subsea+oil+fields+to+onshore+oil+refining+and+storage+bases.+To+carry+out+cargo+handling+at+sea%2C+it+is+equipped+with+an+automatic+position-keeping+system+called+Dynamic+Positioning+%28DP%29+and+a+bow+loading+system+that+enables+cargo+handling+from+the+bow.+%3Cbr%3E%E3%80%80It+began+when+Norway%E2%80%99s+energy+major+Statoil+%28now+Equinor%29+started+operating+in+the+North+Sea+in+the+1980s.+Since+then%2C+as+the+Brazilian+government+committed+in+earnest+to+developing+deepwater+oil+fields%2C+the+country%E2%80%99s+offshore+area+surpassed+the+North+Sea+to+become+the+largest+market+for+shuttle+tankers.+%3Cbr%3E%E3%80%80Knutsen+was+the+one+who+conceived+the+shuttle+tanker+together+with+Statoil+in+the+1980s.+The+company+expanded+its+fleet+of+shuttle+tankers+in+line+with+the+expansion+of+production+from+deepwater+oil+fields.+Aiming+for+further+growth%2C+it+teamed+up+with+%3Cb%3ENYK%3C%2Fb%3E+in+2010.+%3Cbr%3E%E3%80%80KNOT+has+a+fleet+of+28+shuttle+tankers.+There+are+about+80+shuttle+tankers+worldwide%2C+so+by+number+of+ships%2C+the+share+is+close+to+40%25.+There+are+six+newbuilds+on+order.+It+also+owns+two+FSOs+%28Floating+Storage+and+Offloading+system%29+converted+from+shuttle+tankers.+%3Cbr%3E%E3%80%80In+the+shuttle+tanker+market%2C+when+KNOT+was+established%2C+it+and+Canadian+shipping+company+Teekay+Offshore+were+the+two+dominant+players.+Currently%2C+KNOT+is+on+top%2C+followed+by+Maran+Shuttle+Tankers%2C+which+is+a+Greek+shipping+company+originating+from+Teekay%2C+Tsakos%2C+and+the+Malaysian+shipping+company+MISC+Group.+%3Cbr%3E%E3%80%80%E2%80%9CKNOT%E2%80%99s+greatest+strength+is+its+technological+capability.%E2%80%9D+%3Cbr%3E%E3%80%80So+says+Junya+Omoto%2C+the+company%E2%80%99s+executive+vice+president.+%3Cbr%3E%E3%80%80Knutsen+not+only+owns+and+operates+product+carriers%2C+chemical+tankers%2C+and+LNG+%28liquefied+natural+gas%29+carriers%2C+but+has+also+developed+its+own+ballast+water+management+system+and+obtained+patents+related+to+compressed+natural+gas.+%3Cbr%3E%E3%80%80KNOT+leverages+its+technological+capabilities+to+promote+environmental+initiatives.+In+2022%2C+two+shuttle+tankers+that+began+service+for+Italy%E2%80%99s+major+energy+company+Eni+were+equipped+with+advanced+technologies+such+as+dual-fuel+LNG+engines%2C+a+VOC+%28volatile+organic+compound%29+recovery+system%2C+and+an+energy+storage+system+utilizing+a+shaft+generator.+%3Cbr%3E%E3%80%80The+newly+built+154%2C000-dwt+shuttle+tanker+to+be+deployed+for+oil+field+development+off+Brazil+from+2028+is+designed+as+methanol%2Fethanol-ready%2C+anticipating+future+conversion+to+methanol%2Fethanol+fuel.+%3Cbr%3E%E3%80%80%E2%80%9CIn+Brazil%2C+bioethanol+made+from+sugarcane+is+widely+used+as+fuel%2C+for+automobiles+for+example.+Equinor%2C+the+charterer%2C+is+proactive+in+advanced+environmental+initiatives%2C+and+we+will+continue+our+collaboration+to+live+up+to+their+trust.%E2%80%9D+%28Omoto%29+%3Cbr%3E%E3%80%80Demand+for+crude+oil+is+expected+to+taper+off+in+the+future+due+to+the+trend+toward+decarbonization.+However%2C+it+is+also+expected+that+%E2%80%9Cdemand+for+crude+oil+will+remain%2C+as+it+is+still+needed+to+meet+growing+energy+demand+in+emerging+economies+in+Asia+and+Africa.%E2%80%9C+%28Omoto%29+%3Cbr%3E%E3%80%80The+share+of+offshore+oil+fields+in+global+crude+oil+production+is+on+the+rise.+%E2%80%9CThe+proportion+was+less+than+10%25+around+2008%2C+but+it+has+now+risen+to+nearly+40%25.%E2%80%9C+%28Omoto%29+In+particular%2C+Brazil%E2%80%99s+state-run+oil+company+Petrobras+has+shown+a+strong+appetite+for+development.+In+line+with+that%2C+demand+for+shuttle+tankers+is+also+expected+to+increase+until+around+2030.+%3Cbr%3E%E3%80%80Earlier+this+year%2C+Petrobras%E2%80%99s+shipping+subsidiary+Transpetro+drew+attention+by+procuring+nine+shuttle+tankers+in+a+single+lot%2C+including+replacements+for+existing+vessels.+Equinor+has+also+decided+on+a+long-term+charter+for+one+vessel%2C+and+Spanish+energy+major+Repsol+plans+to+procure+up+to+two+vessels.+%3Cbr%3E%E3%80%80%3Cb%3ENYK%3C%2Fb%3E+will+contribute+to+the+stable+supply+of+energy+through+its+shuttle+tanker+business.+In+addition%2C+because+the+shuttle+tanker+business+is+fundamentally+based+on+long-term+contracts+with+charterers%2C+the+company+will+expand+its+fleet+and+work+to+strengthen+its+earnings+base.+%3Cbr%3E%E3%80%80%E2%96%A0+Liquefied+CO2+carriers+as+well+%3Cbr%3E%E3%80%80The+business+relationship+between+%3Cb%3ENYK%3C%2Fb%3E+and+Knutsen+has+also+expanded+to+include+liquefied+CO2+carriers.+%3Cbr%3E%E3%80%80The+two+companies+established+Knutsen+%3Cb%3ENYK%3C%2Fb%3E+Carbon+Carriers+%28KNCC%29+in+2022.+Applying+Knutsen%E2%80%99s+patented+compressed+natural+gas+technology%2C+they+developed+a+liquefied+CO2+carrier+that+transports+liquefied+CO2+using+an+elevated+pressure+method.+%3Cbr%3E%E3%80%80The+elevated+pressure+method+is+characterized+by+its+ability+to+reduce+the+energy+required+for+CO2+liquefaction+compared+to+other+CO2+transport+methods%2C+such+as+medium-temperature%2Fmedium-pressure+and+low-temperature%2Flow-pressure+methods.+Cost+reductions+across+the+entire+CCS+%28CO2+capture+and+storage%29+value+chain+can+also+be+expected.+%3Cbr%3E%E3%80%80Leveraging+its+partnership+with+Knutsen%2C+%3Cb%3ENYK%3C%2Fb%3E+will+support+the+social+implementation+of+CCS+and+contribute+to+the+realization+of+a+carbon-neutral+society.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81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