Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

Teekay Firms Shuttle Tanker Order at SHI

South Korean shipbuilder Samsung Heavy Industries (SHI) has sealed the order for two Suezmax-size DP2 shuttle ...

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Spotted: Teekay Takes Delivery of Randgrid FSO

Teekay has added to its fleet Randgrid floating, storage and offloading (FSO) unit, which is currently in transit ...

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Teekay's 1st LNG Carrier Built in China Aces Sea Trials

Pan Asia, the first of four 174,000 cbm Tri-Fuel Diesel Electric (TFDE) liquefied natural gas (LNG) carrier ...

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Spotted: Libra FPSO Reaches Brazilian Waters

In today’s spotted we bring you an image of floating production, storage and offloading (FPSO) unit Pioneiro ...

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Video: Teekay’s Hispania Spirit Undergoes Drydocking

Hispania Spirit, a liquefied natural gas (LNG) carrier owned by Bermuda-based Teekay LNG Partners, recently ...

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FSL Trust's Aframax to Work for Teekay

Singapore-based First Ship Lease Trust (FSL Trust) has reached an agreement to employ its vessel Aframax crude oil ...

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Mid-Size Tankers to Experience Recovery from 2018?

The mid-size tanker market is heading toward a potential recovery from 2018 onwards on the back of the next burst ...

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First Teekay ECC Shuttle Tanker Starts Taking Shape

South Korea’s Samsung Heavy Industries has laid keel for Teekay’s first shuttle tanker newbuilding ...

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Gallery: MEGI LNG Carrier Traversing Panama Canal

Image Courtesy: Teekay The images above show Oak Spirit, an M-type, electronically controlled, gas injection (MEGI) ...

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Skiff That Attacked Galicia Spirit Carried Explosives

The skiff that engaged in an attack on the liquefied natural gas (LNG) carrier Galicia Spirit was carrying “a ...

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Teekay's LNG Tanker Attacked off Yemen

The liquefied natural gas (LNG) tanker Galicia Spirit, owned by shipping company Teekay, experienced a suspected ...

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Gallery: Seoul Spirit Joins Teekay's Centaurus Team

Bermuda-based shipping company Teekay Corporation added another Suezmax tanker, the Seoul Spirit, to its fleet on ...

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Teekay in a Refinancing Swoop as It Books Bigger Loss in Q1

Teekay Corporation has reported a widened loss for the first quarter of this year booking USD 48.8 million GAAP net ...

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Moody’s Lowers Teekay’s Rating Again

Bermuda-headquartered shipping company Teekay Corporation has seen its corporate family rating downgraded for the ...

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Oil Production Freeze Would Not Affect the Tanker Market

In an effort to put a floor under oil prices and allow demand growth to catch up with supply, the oil ministers ...

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Teekay Faces Class Action Lawsuit

Scott and Scott, Attorneys at Law, LLP has filed a class action complaint in the United States District Court of ...

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Teekay Modifies LNG Newbuild into Its First FSU

Canadian shipping company Teekay LNG Partners has decided to upgrade one of its standard LNG carriers into the ...

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Moody's: Teekay's Rating Down with Negative Outlook

Bermuda-based Teekay Corporation has seen its corporate family rating downgraded from B1 to B2 and senior unsecured ...

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Teekay Starts Building Six LNG Carriers

December was a pretty busy month for Teekay Corporation as keels for six LNG newbuildings were laid at Korean ...

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Teekay Cuts Quarterly Dividend

NYSE-listed Teekay Corporation is lowering its quarterly dividend to USD 0.055 per share, down from USD 0.55 per ...

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Teekay Loses Port Hedland Tug Operation Gig

Queensland-based Rivtow, a subsidiary of Riverside Marine, has been selected by mining giant BHP Billiton to ...

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