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Business developments & projects, Project & Tenders
The Finnish technology group Wärtsilä has signed LNG Support Agreements for eight LNG Carrier vessels owned by Teekay Gas.
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Environment, Outlook & strategy, Transition, Vision
Teekay Corporation, Teekay LNG Partners and Teekay Tankers have joined the United Nations Global Compact, the world’s largest corporate sustainability initiative.
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Business & Finance, Business developments & projects
Bermuda-based shipping company Teekay LNG said its net income surged in the May-June period with its chief executive announcing the results as “another record quarter” for the firm. Net income for the second quarter reached $44.9 million, compared to $16.4 million in the corresponding quarter last year. “While Covid-19 continues to have an unprecedented impact […]
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Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a slump in profit for the first three months of the year.
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Teekay LNG Partners has secured new fixed-rate charters for two of its 52 percent-owned liquefied natural gas carriers. The Bermuda-based LNG shipper said in a statement that the deals include a 12-month charter on the LNG carrier Arwa Spirit and an eight-month charter on the Methane Spirit. Both of these charters are expected to start […]
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Teekay Offshore Partners has changed its name to Altera Infrastructure March 24, 2020.
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The fourth quarter of 2019 marked a return to profitability for Teekay.
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Teekay Tankers has closed a new five-year, USD 533 million revolving credit facility to refinance 31 vessels.
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South Korean shipbuilder Samsung Heavy Industries has delivered Aurora Spirit the world’s first LNG dual-fuel shuttle tanker to Teekay Offshore.
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Project & Tenders, Vessels
The Hague-based LNG giant Shell has signed a deal to supply liquefied natural gas to Teekay’s LNG-fueled shuttle tankers in Europe.
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Teekay LNG Partners, one of the world’s largest owners of LNG carriers, has taken delivery of the fifth Arc7 ice breaking LNG newbuild earlier this month.
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The ship is currently en route to Sabetta for its golden voyage.
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Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a net income of $47.4 million for the quarter ending September 30.
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The unit will continue working on Chestnut Joint Venture’s North Sea field until March 2023.
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The proceeds will be used to partially fund four E-Shuttle newbuilds currently under construction.
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Brookfield will acquire all of the outstanding publicly held common units in exchange for USD 1.55 in cash per unit.
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Business & Finance, Rules & Regulation
The sanctions are affecting Teekay’s Yamal LNG joint venture.
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The company is looking to raise up to USD 150 million through a senior unsecured green bond issue.
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The DP2 shuttle tanker is to be delivered in the first half of 2022.
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Teekay Shuttle Tankers wrapped up the first half of this year with a profit.
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Shipping major Teekay LNG has taken delivery of the fourth Arc 7 Icebreaking LNG carrier newbuild set for the Novatek-operated Yamal LNG project in Russia.
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Teekay has taken delivery of Vladimir Voronin, the fourth Arc 7 icebreaking LNG carrier.
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Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a rising profit for the second quarter of the year.
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The Norwegian oil company OKEA has informed that a Teekay shuttle tanker has recently unloaded 855 628 bbls of oil from the Draugen field for OKEA and Neptune.
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Business & Finance, Infrastructure
Petrojarl Varg is a ship-shaped, turret moored, FPSO delivered in 1998.
