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Teekay Shuttle Tankers Eyes USD 150 Mn to Finance Newbuilds

Finance

The company is looking to raise up to USD 150 million through a senior unsecured green bond issue.

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Canada Investing in Development of Low-Noise Tankers

Canada Teekay low-noise tanker

The government wants to reduce underwater noise to protect the marine environment.

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Teekay: Fourth Arc 7 Icebreaking LNG Carrier Delivered

Teekay

Teekay has taken delivery of Vladimir Voronin, the fourth Arc 7 icebreaking LNG carrier.

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Teekay Offshore Hires Advisors for Brookfield Offer

Teekay vessel

Teekay Offshore Partners hired an independent legal counsel and a financial advisor to evaluate the offer.

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Teekay Group Sees 40 Pct Rise in EBITDA

teekaY

Teekay reports an increase of 40 percent in total adjusted EBITDA.

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Teekay Extends Petrojarl Banff FPSO Employment for One Year

Petrojarl Banff, FPSO

Teekay Corporation extended the contract for the Petrojarl Banff FPSO in the North Sea for one year.

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Teekay Amends Note Offering to USD 250 Mn

Teekay funnel

Teekay Corp would offer USD 250 million notes due November 2022, instead of USD 300 million due 2024.

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Teekay Agrees to Shed Remaining Stake in Teekay Offshore

Teekay vessel

Teekay is to sell remaining interests in Teekay Offshore Partners to Brookfield for USD 100 million.

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Teekay Joins Ship Recycling Transparency Initiative

Teekay

The Ship Recycling Transparency Initiative welcomes Teekay as its new member. 

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Teekay Narrows Loss amid Stronger LNG, Crude Markets

tanker

Teekay Corporation ended 2018 with a net loss of USD 57.7 million, compared to USD 529.1 million reported a year earlier.

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KOTUG Becomes Majority Owner of Australian Towage Provider

KOTUG has become the majority owner of KT Maritime Services Australia after acquiring Teekay's stake in KTM.

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Teekay Takes Delivery of Final Heritage-Class Shuttle Tanker

The final Heritage Class newbuilding shuttle tanker, M/T Dorset Spirit, has been handed over to Teekay.

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Pan Americas Handed Over to Its Owners

Newbuilding LNG carrier Pan Americas joins its owners, starts long-term charter with oil major Shell.

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Gallery: Teekay's 1st LNG Icebreaker Transits NSR

Teekay has taken delivery of Eduard Toll, the 1st of its 6 LNG carriers contracted to serve the Yamal LNG project.

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Video: Teekay’s 1st Aframax Tanker Transits Panama Canal

Teekay has shared a video of Leyte Spirit which completed transit through the Panama Canal earlier this month.

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MEGI LNG Carrier Duo Starts Working for Shell

Two MEGI LNG carrier newbuildings, the Macoma and Murex, which were delivered to Teekay LNG Partners in October and ...

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Tanker Investments Plunges Further into Red

Challenging market conditions plagued by the oversupply of vessels have pushed tanker owner and operator Tanker ...

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MacGregor to Provide Services for 115 Teekay Vessels

Shipping company Teekay has inked a five-year frame agreement with MacGregor, part of Cargotec, which includes ...

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Spotted: Teekay's Shuttle Tanker Trio Named in Korea

Video Courtesy: Teekay Teekay has held a triple naming ceremony for its new shuttle tankers at the Samsung Heavy ...

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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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