Seapeak

$2.6BN deal sees Stonepeak take 50% stake in CVOW

Dominion Energy Inc. (NYSE: D), reports that it has closed on a transaction to sell a 50% non-controlling interest in the Coastal Virginia Offshore Wind (CVOW) project to New York City headquartered alternate investment firm Stonepeak.

At closing, Dominion Energy received proceeds of $2.6 billion, representing reimbursement of approximately 50% of project-to-date capital investment. Stonepeak will fund 50% of remaining project costs as they are incurred, subject to certain conditions.

Dominion...

https://www.marinelog.com/offshore/offshore-wind/2-6bn-deal-sees-stonepeak-take-50-stake-in-cvow/

Wärtsilä and Seapeak sign Lifecycle Agreement for ten LNG Carriers

Technology group Wärtsilä has signed a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow) Ltd, one of the largest independent owner-operators of liquefied gas vessels.

The contract, which took effect in January 2024, covers ten LNG Carriers and is an extension of an earlier Wärtsilä Lifecycle Agreement for these vessels. The new order was booked by Wärtsilä in the first quarter of 2024.

The new agreement, which is based on 72,000 running hours, is designed to increase the engines’ time...

https://container-news.com/wartsila-and-seapeak-sign-lifecycle-agreement-for-ten-lng-carriers/

Wärtsilä will supply systems for two more ammonia-fueled gas carriers

Ammonia doesn’t produce CO2, sulfur or particulate emissions when combusted, making it a prime candidate to be shipping’s new green fuel. There are currently no ammonia-fueled ships in operation, but Antwerp, Belgium, headquartered Exmar LPG BV hopes to be the first operator to have ships on the water burning the fuel: two ammonia-fueled gas carriers

In October last year, the company, a joint venture between Exmar and Seapeak (the former Teekay LNG), ordered what it says will be the first ever...

https://www.marinelog.com/news/wartsila-will-supply-systems-for-two-more-ammonia-fueled-gas-carriers/

Wärtsilä books fuel system order for ammonia-fueled Exmar duo

Back in October last year Exmar LPG (a joint venture between Exmar and Seapeak) announced that two 46,000 cubic meter gas carriers on order at shipbuilder Hyundai Mipo Dockyard (HMD) would be ammonia dual-fueled. The project is moving forward and now Wärtsilä Gas Solutions has booked the order to supply the fuel supply systems for the pair, which will each have two WinGD 52-centimeter bore X52DF‑A main engines.

The vessels are part of a four ship series for which Wärtsilä had already been...

https://www.marinelog.com/news/wartsila-books-fuel-system-order-for-ammonia-fueled-exmar-duo/

Exmar LPG orders first two ammonia-fueled oceangoing ships

Exec of company that ordered ammonia-fueled ships

Antwerp, Belgium, headquartered Exmar LPG BV, a joint venture between Exmar and Seapeak, has ordered what will be the first ever oceangoing vessels to be propelled by dual-fuel ammonia engines: two midsize gas carriers (MGCs) on order at Hyundai Mipo Dockyard in South Korea. The ammonia-fueled duo is scheduled for delivery by the shipbuilder in early 2026.

Carl-Antoine Saverys, executive director at Exmar.

“As leading global transporters of ammonia, we are proud to be developing vessels with an...

https://www.marinelog.com/legal/environment/exmar-lpg-orders-first-two-ammonia-fueled-oceangoing-ships/

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