Teekay Offshore Partners Secures $450 Million Shuttle Tanker Fleet Refinancing

Teekay Offshore Partners Secures $450 Million Shuttle Tanker Fleet Refinancing

Тeekay Offshore Partners L.P. (Teekay Offshore) (NYSE:TOO) announced Thursday (May23) that in accordance with previously noted financing plans, it has secured a new $450 million revolving credit facility for sixteen …
May 27, 2019 /  Finance
ECO-friendly shuttle tankers secure financing of innovative new VOC technology developed in Norway

ECO-friendly shuttle tankers secure financing of innovative new VOC technology developed in Norway

Teekay Offshore has secured long-term financing from the Norwegian Government for four new shuttle tankers being built at Samsung Heavy Industries (SHI) in South Korea. The shuttle tankers are all equipped with a new …
May 22, 2019 /  Vessels
Wärtsilä Fleet Operations solution to increase safety and efficiency in sensitive Arctic waters

Wärtsilä Fleet Operations solution to increase safety and efficiency in sensitive Arctic waters

The technology group Wärtsilä has been contracted by Sovcomflot, Russia’s largest shipping company, to roll out a Wärtsilä Fleet Operations solution for Sovcomflot’s fleet of Arctic …
May 2, 2019 /  Vessels
Watson Farley & Williams advises Teekay Offshore on US$414m ECA-backed shuttle tanker newbuild loan

Watson Farley & Williams advises Teekay Offshore on US$414m ECA-backed shuttle tanker newbuild loan

Watson Farley & Williams (WFW) advised long-standing client Teekay Offshore Partners L.P. (Teekay Offshore) on a US$414m debt facility to fund four LNG-fuelled newbuild shuttle tankers. The facility, which bears …
Apr 11, 2019 /  Finance
Teekay and Samsung opt for Hydroniq Coolers

Teekay and Samsung opt for Hydroniq Coolers

Norwegian supplier Hydroniq Coolers has won contracts from Samsung Heavy Industries Co. Ltd. to deliver the cooling system for the engines of the six LNG-fuelled shuttle tankers the shipbuilder is constructing for Teekay …
Feb 28, 2019 /  Vessels
Gas4Sea partners and Equinor signed an LNG bunkering agreement

Gas4Sea partners and Equinor signed an LNG bunkering agreement

Marine LNG Zeebrugge, a joint venture of the Gas4Sea partners - ENGIE, Mitsubishi Corporation and NYK - has signed an agreement with the Norwegian multinational energy group Equinor for supplying their four crude shuttle …
Feb 19, 2019 /  Curious
Hyundai Heavy Industries signs up TMC for Roncador tankers

Hyundai Heavy Industries signs up TMC for Roncador tankers

TMC Compressors of the Seas (TMC) has signed a contract to supply complete marine compressed air systems for two shuttle tankers that Hyundai Heavy Industries (HHI) is building for Norwegian tank operator Knutsen NYK …
Jan 22, 2019 /  Curious
Newbuilt shuttle tankers for the Roncador field in Brazil

Newbuilt shuttle tankers for the Roncador field in Brazil

The crude oil production from the newly acquired 25 % interest in the Roncador oil field in Brazil will be lifted and transported by shuttle tankers.   Equinor has now entered into time charter contracts for two …
Sep 27, 2018 /  Vessels
AET secures DP2 shuttle tankers with Petrobras

AET secures DP2 shuttle tankers with Petrobras

AET, one of the world’s leading petroleum tanker owners and operators announces extension of partnership in the DP2 shuttle tanker sector with Petróleo Brasileiro S.A. – Petrobras, the Brazilian …
May 28, 2018 /  Curious
Wärtsilä LNGPac passes 100th order milestone

Wärtsilä LNGPac passes 100th order milestone

The technology group Wärtsilä’s Fuel Gas Supply Systems have passed a significant milestone with the 100th order being booked. Two new shuttle tankers being built for Singapore based AET Tankers will …
May 22, 2018 /  Curious