Altera Shuttle Tankers LLC is a company headquartered in Houston, Texas, founded with the purpose of providing specialized maritime transportation services for the oil and gas industry. They focus on the development and operation of shuttle tankers, which are essential for the efficient transport of hydrocarbons from offshore production sites to onshore facilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TKSHTN 9.00% 2028-03-13 NOKAltera Shuttle Tankers LLC | Marshall Islands | 2028-03-13 | 9.000 | 4.81 |
| TKSHTN 9.50% 2025-12-15 USDAltera Shuttle Tankers LLC | Marshall Islands | 2025-12-15 | 9.500 | 6.12 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Altera Shuttle Tankers has actively engaged in the bond market, starting its bond issuance in 2018 with a notable offering that attracted significant investor interest. Their recent bond issuance in 2022, featuring a 5% coupon rate, was tailored to finance fleet expansion, positioning them competitively within the industry. Current yields on their bonds are closely aligned with sector averages, but their commitment to sustainability and technology in shipping has garnered attention from socially responsible investors.