Teekay Offshore Partners Secures $100 Million FPSO Fleet Refinancing

Offshore-FPSO-Petrojarl-Knarr-Completes-Operational-Tests

Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO units.

Representation Image – Credits: teekay.com

The previous credit facility matured at the same time with a balloon payment of $35 million. The new facility is funded by commercial banks and bears interest at LIBOR + 300 basis points with a three-year tenor and a profile of 5.5 years.

Refere...

https://www.marineinsight.com/shipping-news/teekay-offshore-partners-secures-100-million-fpso-fleet-refinancing/

Photos: Teekay’s First E-Shuttle Launched From G3 Floating Dock At Samsung

Aurora Spirit Launch_4

It was a proud moment, in late March when the first E-Shuttle, Aurora Spirit was launched from the G3 floating dock at Samsung. Next steps are to install the LNG tank, various VOC equipment and the BLS module, and then commence sea trials later this year.

Image Credits: teekay.com

Congratulations to everyone involved in achieving this important milestone on the agreed schedule and without any incidents.

The new and innovative shuttle tanker design will significantly reduce emissions and fuel...

https://www.marineinsight.com/shipping-news/photos-teekays-first-e-shuttle-launched-from-g3-floating-dock-at-samsung/

Watch: Pan Africa gas trials

Teekay LNG Partners, completed its Shell-chartered quartet with the delivery of the ‘Pan Africa’. The LNG newbuilding, Pan Africa, is the fourth and final ‘Pan’ vessel joining the TGP fleet, alongside Pan Asia (2017) and Pan Americas (2018), and Pan Europe (2018).

Specifically, the partnership’s 20%-owned joint venture with China LNG Shipping, CETS Investment Management and BW LNG Investments, took delivery of the 174,000-cbm LNG carrier newbuild in January.

During the delivery, the Pan Africa...

https://safety4sea.com/watch-pan-africa-gas-trials/

Teekay Welcomes LNG Carrier Sean Spirit Into The ‘Legacy Class’

WELCOMING SEAN SPIRIT INTO THE TEEKAY ‘LEGACY CLASS’

In October 2018, Teekay had a combined naming ceremony for two LNG Carriers, Sean Spirit and Yamal Spirit, at Hyundai Samho Heavy Industry in Korea. Teekay already has the Torben Spirit, named after our founder Torben Karlshoej. Teekay also has the Axel Spirit, named after Torben’s brother and long-time Teekay Board member, Axel Karlshoej.

Image Credit: teekay.com

Now we have Sean Spirit, the third in the “Legacy” Class of vessels that rightly salutes key people who have driven Teekay’s success...

https://www.marineinsight.com/shipping-news/teekay-welcomes-lng-carrier-sean-spirit-into-the-legacy-class/

Watch: Eduart Toll transiting the NSR

Eduard Toll entered the open water in the Chukchi Sea and voyaging to the Chinese port of Jiangsu Rudong. Eduard Toll is the fourth of 15 Arc7 LNG carriers built for the Yamal LNG project and Teekay’s first of six LNG carrier newbuildings contracted to service the project.

Russia’s largest independent natural gas producer, Novatek, has deployed specific ice-class tankers to ship the chilled fuel from its Yamal LNG project via the Northern Sea Route.

One of the vessels that made the first Northern...

https://safety4sea.com/watch-eduart-toll-transiting-northern-sea-route/

Watch: Teekay’s Ice-Class Arc7 LNGC Eduard Toll Transiting Northern Sea Route

Teekay’s ice-class Arc7 LNG carriers

Teekay’s ice-class Arc7 LNG carriers have been pushing through the Arctic ice all year, delivering cargo from Sabetta in Northern Russia to markets around the world.

Image Credit: teekay.com

We shared stories of the Eduard Toll’s transit through the Northern Sea Route earlier in the year.

The magic of the ice-class vessels is their ability to move through ice of all types – brash ice, first-year ice, multi-year ice, ice ridging, Bergy bits…and here we bring you Eduard Toll moving through different...

https://www.marineinsight.com/videos/watch-teekays-ice-class-arc7-lngc-eduard-toll-transiting-northern-sea-route/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon