Brunvoll lands largest thruster contract with Samsung Heavy Industries

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value.The vessels, owned by Tsakos Energy Navigation, are set to be leased on a long-term bareboat charter to Transpetro, a logistics subsidiary of Petrobras.Brunvoll will deliver three retractable azimuth thrusters and two tunnel thrusters for each vessel.These ships will also be equipped with Brunvoll's advanced Propulsion and Thruster Control system (BruCon PTC) and the Condition Monitoring System (BruCon CMS).Brunvoll Group CEO Kåre Øyvind Vassdal said: “It is no secret that contracts like these are highly attractive to all major suppliers of propulsion and manoeuvring thrusters. That makes it all the more rewarding when we succeed by delivering the best solutions for our customers.“Contracts of this magnitude are of great value to a company like Brunvoll, as they will contribute significantly to ensuring full utilisation of our factories in the years ahead, and our after-sales department is ready to assist throughout the vessel’s lifetime. I would like to thank everyone at Brunvoll for the dedication they show every day, helping us remain competitive in every possible way.”Tsakos Energy Navigation's current fleet of shuttle tankers includes four vessels, with an additional three under construction at Samsung Heavy Industries.Two of these under-construction vessels are expected to be delivered soon.With the new order, Tsakos' fleet will expand to sixteen shuttle tankers, all using Brunvoll's thruster systems.Brunvoll senior bid & sales manager Anders Ulvestad added: “This contract is a result of Brunvoll’s long-term commitment to delivering quality products and services. We are proud of our ever-growing market share within the shuttle tanker market. These are large vessels operating under challenging conditions far from shore, with demanding requirements for operability and precision.“Shuttle tankers are a critical part of the infrastructure supporting the global crude oil supply chain, ensuring the safe and efficient transport of oil from offshore production sites to onshore facilities. Reliability and performance are non-negotiable—and that’s where Brunvoll excels.”In May last year, Brunvoll entered a contract with VARD to provide a “comprehensive propulsion system” for a Service Operation Vessel (SOV) project.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures5,979.25 -2.25 (-0.04%)Dow Futures42,577.00 -21.00 (-0.05%)Nasdaq Futures21,691.75 -14.25 (-0.07%)Russell 2000 Futures2,107.40 +1.30 (+0.06%)VIX17.69 -0.67 (-3.65%)Gold3,384.90 +7.80 (+0.23%)PortfolioSign in to access your portfolioSign inTop gainersMLTX MoonLake Immunotherapeutics 48.55 +7.39 (+17.95%)FERG Ferguson Enterprises Inc. 211.36 +31.07 (+17.23%)SMMT Summit Therapeutics Inc. 20.62 +2.89 (+16.33%)NEGG Newegg Commerce, Inc. 6.21 +0.87 (+16.18%)DG Dollar General Corporation 112.57 +15.40 (+15.85%)Top losersPONY Pony AI Inc. 13.84 -3.61 (-20.69%)SOC Sable Offshore Corp. 24.04 -5.14 (-17.61%)RGC Regencell Bioscience Holdings Limited 609.10 -108.90 (-15.17%)SATS EchoStar Corporation 16.15 -2.06 (-11.31%)LRN Stride, Inc. 142.55 -15.78 (-9.97%)Most activeNVDA NVIDIA Corporation 141.22 +3.84 (+2.80%)LCID Lucid Group, Inc. 2.1900 -0.0100 (-0.45%)APLD Applied Digital Corporation 10.25 +0.11 (+1.08%)F Ford Motor Company 10.19 +0.21 (+2.10%)HIMS Hims & Hers Health, Inc. 54.73 -2.04 (-3.59%)Earnings eventsTrending tickersCRWD CrowdStrike Holdings, Inc. 488.76 +9.59 (+2.00%)CRWV CoreWeave, Inc. 150.48 +30.28 (+25.19%)WFC Wells Fargo & Company 75.65 +0.93 (+1.24%)HIMS Hims & Hers Health, Inc. 54.73 -2.04 (-3.59%)CEG Constellation Energy Corporation 313.03 -0.40 (-0.13%)Top economic events