Teekay

Six carriers deployed to Yamal LNG no longer subject to US sanctions

Six ARC7 LNG carriers transporting gas from the Yamal LNG project, under a joint venture of Teekay LNG with China LNG, are no longer classified as a “Blocked Person” under US OFAC rules, according to an official statement by Bermudas-based Teekay Corporation.

The company was affected in the wake of US sanctions imposition to Chinese COSCO last month, as Teekay LNG holds a joint venture with China LNG, which owns four on-the-water ARC7 LNG carriers and two ARC7 LNG carrier newbuildings.

In its...

https://safety4sea.com/six-carriers-deployed-to-yamal-lng-no-longer-subject-to-us-sanctions/

Teekay Corporation Enters 3.5-Year Contract For Hummingbird Spirit FPSO

Hummingbird-Spirit_evening-

Teekay Corporation (Teekay) announced that it has entered into an agreement with the Chestnut Joint Venture, a joint venture between Spirit Energy Ltd. and Dana Petroleum Ltd., to extend the employment of the Hummingbird Spirit FPSO unit (Hummingbird) on the Chestnut field in the North Sea until March 2023.

This contract extension was done in conjunction with the Chestnut Joint Venture’s plan to drill a new well at the Chestnut field.

The new Hummingbird contract took effect on October 1, 2019...

https://www.marineinsight.com/shipping-news/teekay-corporation-enters-3-5-year-contract-for-hummingbird-spirit-fpso/

COSCO tankers turn off AIS after US sanctions

Reuters reports that almost a third of the tankers owned by COSCO Shipping Tanker (Dalian) have shut off their AIS systems after the U.S. imposed sanctions on the company for reportedly shipping Iranian crude.

IMO requires AIS transceivers be fitted to commercial and passenger vessels for safety and transparency purposes. Yet, it is a common phenomenon that vessels turn their AIs off in cases of not being tracked by pirates; Nowadays though, vessels that shut down their AIS are conducting...

https://safety4sea.com/cosco-tankers-turn-off-ais-after-us-sanctions/

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.

Background

 In fact, on Wednesday, September 25 the United States imposed sanctions on state-owned COSCO’s subsidiaries, COSCO Shipping Tanker (Dalian) Co and COSCO Shipping Tanker (Dalian) Seaman & Ship...

https://safety4sea.com/novatek-considers-lng-cargo-transshipments-following-sanctioned-cosco/

Tanker Shipping Gets an Uptick With Scrubber Retrofits

Tanker shipping is getting “very, very close” to a positive market as vessel supply capacity is in check due partly to scrubber retrofit works, reports Seatrade Maritime News.

Although more scrapping would be welcomed to further tighten supply.

Increase in New-builds

Matthew Blake, director of business development at Teekay Tankers, told delegates at the Marine Money Asia conference held in Singapore, “Good times are very, very close for tankers and we are looking forward to the fourth quarter to...

http://mfame.guru/tanker-shipping-gets-an-uptick-with-scrubber-retrofits/

Τα δεξαμενόπλοια στην αμερικανική σκακιέρα

Ντόμινο εξελίξεων στην αγορά των LNG και των tankers έχει φέρει η πρόσφατη απόφαση των ΗΠΑ να επιβάλουν κυρώσεις στις θυγατρικές τoυ κινεζικού κολοσσού COSCO, COSCO Shipping Tanker (Dalian) Co. και COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co., με την κατηγορία για παράνομη μεταφορά ιρανικού πετρελαίου.

Η Teekay LNG ενημέρωσε τη Δευτέρα 30 Σεπτεμβρίου ότι η κοινοπραξία της στο φιλόδοξο project «Yamal LNG» στη Ρωσία έχει ουσιαστικά «μπλοκαριστεί», καθώς η COSCO Dalian κατέχει το 50%...

https://www.naftikachronika.gr/2019/10/03/ta-dexamenoploia-stin-amerikaniki-skakiera/

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