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Novatek considers LNG cargo transshipment following sanctioned COSCO

A Novatek official reported to Reuters that Novatek, the Russian liquefied natural gas (LNG) producer is looking to tranship its Yamal cargoes in Norway or Russia’s Murmansk, as the company is still unsure of its shipping activities, following the US’s sanctions on the Chinese COSCO tankers.

Teekay Tankers merges with Tanker Investments

Teekay Tankers and Tanker Investments announced that they have finalised the merger of the two companies. After the two companies have merged, TIL became a wholly owned subsidiary of Teekay Tankers.

New merger in the tanker sector

Tanker Investments (TIL) has confirmed its merger with Teekay Tankers, creating the ‘world’s largest’ publicly-traded mid-sized conventional tanker company with combined total assets of $2.4 billion, operating 62 ships.

Teekay LNG Partners aquires ownership interests in four LNG newbuildings

Teekay LNG Partners L.P. announced that it has acquired from BG Group (BG) ownership interests in four 174,000 cubic meter Tri-Fuel Diesel Electric (TFDE) liquefied natural gas (LNG) carrier newbuildings, which will be constructed by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. in China.

Kongsberg to supply ICSS and power system for Teekay’s FSO

Kongsberg Maritime Engineering (KME) has signed a contract with Gina Krog LLC, a subsidiary of Teekay Shipping AS, for supply of an Integrated Control and Safety System (ICSS) and Power package to the Gina Krog FSO (Floating Storage and Offloading) unit

New training centre in Glasgow from Teekay

Teekay is the world’s second largest independent owner of liquid natural gas (LNG) vessels. Its fleet of 34 vessels, each of which can carry roughly one million metric tonnes of cargo annually, can transport LNG equivalent to about 30% of the UK’s annual energy requirements. Its global gas operations are headquartered in Glasgow.

Teekay Offshore acquires ALP Maritime Services

Teekay Offshore Partners L.P. announced that it has agreed to acquire ALP Maritime Services B.V. (ALP), a Netherlands-based provider of long-haul ocean towage and offshore installation services to the global offshore oil and gas industry

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