After two weeks at the Grand Bahamas Shipyard, the Pelican State, a 2009-built US-flagged product tanker owned by APT – a Kinder Morgan company, had its main engine overhauled and a fresh coat of paint applied to her hull.
Dale Harper, the ship’s Chief Mate, took the following photos of the ship while in drydock. He notes that the 5-year ABS surveys were also completed and that some minor modifications and improvements were made including adding additional panama chocks at the port and starboard manifold area to allow safer hose connections at the LOOP.
“It was a quick in and out shipyard and we’re already at anchor off Corpus Christi awaiting the berth for our next load. It was a great experience and a ton of work,” noted Harper.
Iran’s oil exports slipped modestly in January, but the data points to durability rather than decline. A mature dark fleet ecosystem continues to move crude through opaque networks, with activity increasingly concentrated in Malaysian waters even as U.S. sanctions enforcement expands across new regions.
Tsakos Energy Navigation CEO Dr. Nikos Tsakos says geopolitical turmoil and the rapid expansion of shadow tanker trading have created a severe shortage of high-quality vessels, pushing charter rates to levels rarely seen in the industry. Speaking during a recent investor presentation, Tsakos said nearly a third of the global tanker fleet has been sidelined by sanctions, leaving oil majors scrambling for compliant tonnage and reshaping global energy trade routes.
International Seaways, Inc. (NYSE: INSW) has acquired sole ownership of Tankers International, one of the world’s leading shipping pools, while simultaneously expanding the platform beyond its traditional VLCC focus to...
January 27, 2026
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