MT Alexander Spirit Sit-In: Australian Crewmembers Ordered to Sail

The crew of the Alexander Spirit on strike in Devonport. Photo: MUA

  The Australian crew of a Teekay-operated oil tanker have been ordered to set sail for Singapore after Australia's Fair Work Commission ruled that the crew's sit-in was illegal. The 36 crew members of the MT Alexander Spirit have been refusing to sail from Devonport, Tasmania to Singapore since July 3rd after they were told that they would be replaced by a foreign … [Read more...]

Logitel Delays Delivery of Teekay’s Big Round Accommodation Rigs

Arendal Spirit. Photo: Teekay

  Singapore-based Logitel Offshore Holdings has delayed the delivery of its second and third floating accommodation unit after striking an agreement COSCO. Logitel was co-created by Norway's Sevan Marine in 2013 in order to develop opportunities for Sevan’s unique cylindrical hull design within the FPSO/FSO business segment. The company is now owned by Teekay … [Read more...]

Teekay Books Newbuilds After Signing Long-Term Contract to Ship U.S. LNG

Photo: Teekay Corporation

  Teekay LNG Parters, the LNG shipping unit of Bermuda-based Teekay Corporation, has placed an order for two fuel-efficient LNG carriers after booking up to two time-charter contracts with BP Shipping Limited for use of the vessels. The order was placed at Hyundai Samho Heavy Industries Co., Ltd. of South Korea and calls for the construction of two 174,000 cubic … [Read more...]

22,000 Tug Operations in Port Hedland Last Year, and Growing

mark thomas teekay

Mark Thomas, Director Towage & Marine Services at Teekay Shipping in Australia oversees the tug operations in Port Hedland, Australia, which is the world's busiest port by volume of cargo handling millions of tons of iron ore and thousands of bulk carriers every year. Since 2002 when Teekay took over management of BHP Billiton's marine operations, Thomas has been … [Read more...]

Teekay Sees Continued Strength in the Tanker Market

christian waldegrave

Christian Waldegrave, Teekay's Manager of Research believes the tanker market, at least in the short term, looks to stay strong due to low oil prices and the high margins that refiners are seeing at the moment. As refineries in Europe and Asia begin to come offline in April and May due to maintenance, respectively, the tanker market will be sustained as additional crude … [Read more...]

Teekay’s First ‘Unit for Maintenance and Safety’ Vessel En Route to Brazil

Arendal Spirit. Photo: Teekay

Arendal Spirit, the first of Teekay's so-called 'Unit for Safety and Maintenance' (UMS) accommodation vessels, is en route to Brazil aboard a COSCO heavy lift vessel. Arendal Spirit features 500 beds in 248 cabins with en-suite bathrooms, windows, television, internet and telephone connections, lounge areas, a coffee shop, television and game room, fitness room, dining room, … [Read more...]

Life Aboard a Teekay Crude Oil Tanker

european spirit tanker teekay

Based in Vancouver, Canada, Teekay Corporation (NYSE:TK) owns and operates one of the world's largest fleets of oil tankers, gas carriers, offshore vessels and floating facilities which collectively, play a vital role in support of the global energy infrastructure. Most of the time, these amazing vessels quietly go about their business plying the world's oceans out of sight … [Read more...]