JANUARY 9, 2018 — Four next generation shuttle tankers on order for Teekay at shipbuilder Samsung Heavy Industries (SHI) feature a broad range of Wärtsilä’s latest technology innovations that are expected to
DECEMBER 6, 2017 — MAN Diesel & Turbo reports that its low-speed ME-GI (Gas Injection) and ME-LGI (Liquid Gas Injection) dual-fuel engines have registered a cumulative total of 100,000 operating hours. The
JULY 27, 2017 — Toronto- headquartered Brookfield Business Partners L.P. has entered into an agreement to acquire 60% of Teekay Offshore Partners L.P., a publicly traded subsidiary of Teekay Corporation. Brookfield’s total
JUNE 1, 2017 — Teekay Tankers Ltd. (NYSE:TNK) says it has agreed to acquire all the remaining issued and outstanding shares of Tanker Investments Ltd. (TIL) (OSLO:TIL), in a share-for-share merger at
MAY 24, 2017 — Koch Supply & Trading (KS&T) reports the completion of the first what it says will be “multiple and regular” ship-to-ship (STS) LNG transfers with private Chinese company JOVO
APRIL 12, 2017 — Teekay is currently converting the 1995-built, 124,502 dwt VLCC Randgrid into an FSO (Floating Storage and Offloading) vessel at Singapore’s Sembawang shipyard with work that includes installation of
MARCH 9, 2017 — MAN PrimeServ, the after-sales division of MAN Diesel & Turbo, has signed a maintenance contract with Teekay Shipping. The new EMC (Engine Management Concept) contract is for the
MAY 19, 2016—The first of four Ulstein SX157 design ultra-long distance towing and anchor handling vessels was named ALP Striker in a shipyard ceremony last week. The four vessels, each with a
FEBRUARY 12, 2016 — Japan’s shipbuilder Mitsui Engineering & Shipbuilding Co., Ltd. (MES) is facing a $95 million loss on the four 306 ton bollard pull Ulstein SX157 design ocean going AHTS
AUGUST 17, 2015—What company has the Highest Value Whole Gas (either LNG or LPG) shipping fleet? According to VesselsValue.com, that honor belongs to Teekay LNG Partners, with 37 vessels and a capacity
