Investment Firm to Acquire Teekay LNG in $6.2 Billion Deal
Teekay LNG Partners (NYSE:TGP), the LNG shipping arm of Teekay Corporation (NYSE: TK), has announced an agreement to to be acquired by investment firm Stonepeak in a deal valued at...
View ArticleTeekay Tankers Set to Become World’s Largest Public Mid-Sized Tanker Company...
NYSE-listed Teekay Tankers (TNK) announced it has agreed to acquire all remaining and outstanding shares of Oslo-listed Tanker Investments (TIL) in a share-for-share merger, solidifying Teekay’s...
View ArticleBrookfield to Acquire 60% Stake in Teekay Offshore
Canadian investment firm Brookfield Business Partners announced plans to acquire 60% of Teekay Offshore Partners, a leading global provider of marine services and solutions focused on production and...
View ArticleTeekay Offshore Orders Shuttle Tanker Newbuildings
Teekay Offshore (NYSE:TOO) has placed an order for up to four DP2 shuttle tanker newbuildings which the company says will be the most environmentally friendly vessels of their kind on...
View ArticlePHOTOS: Teekay’s New Icebreaker LNG Carrier ‘Eduard Toll’
Teekay’s first icebreaker LNG carrier, Eduard Toll, recently completed gas trials off the coast of South Korea. Construction of the Eduard Toll began in early 2016 at the DSME shipyard...
View ArticleTeekay Teams Up with Wärtsilä on New Shuttle Tanker Design
Vancouver-based Teekay has teamed up with the Finnish technology company Wärtsilä to develop a new shuttle tanker concept with plans to construct at least four of the dual-fuel, next-generation shuttle...
View ArticlePhotos: Teekay’s New Icebreaking LNG Carrier ‘Eduard Toll’ Makes Historic...
Bermuda-based shipping company Teekay has taken delivery of the icebreaking LNG carrier Eduard Toll, which has now completed its first unescorted trip across the Northern Sea Route. Eduard Toll is...
View ArticleTimelapse Video: Icebreaking LNG Carrier ‘Eduard Toll’ Transits the Northern...
Shortly after its official delivery last month, Teekay’s new icebreaking LNG carrier Eduard Toll made its way to complete both its first loading at the Sabetta Terminal in the Russian Arctic and...
View ArticleArctic Ocean Ice Near Record Low for Winter, Boost for Shipping
By Alister Doyle and Timothy Gardner OSLO/WASHINGTON, March 23 (Reuters) – Winter sea ice on the Arctic Ocean covered the second smallest area on record this year, part of a thaw...
View ArticleU.S. Sanctions on COSCO Hit Teekay’s Yamal LNG Fleet
By Sabina Zawadzki LONDON, Sept 30 (Reuters) – U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker industry on Monday as U.S.-listed Teekay LNG...
View ArticleTeekay’s Icebreaking LNG Carriers No Longer Considered ‘Blocked’ Under U.S....
The joint venture operating icebreaking LNG carriers for Yamal LNG have been exempted from U.S. sanctions against COSCO tanker units, Russian natural gas producer Novatek said Tuesday. Novatek, which...
View ArticleYamal LNG’s 15-Vessel Fleet of Icebreaking LNG Tankers Now Operational
The fifteenth and final icebreaking LNG carrier responsible for shipping gas from the remote Yamal LNG terminal in the Russian Arctic has now been delivered. The vessel, named Yakov Gakkel,...
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