India’s Oil Demand Drives CMB Tech Fleet Diversification
By Dimitri Rhodes Nov 7 (Reuters) – Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results...
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 in South Korea.
The vessel is the first of Teekay LNG Partners’ six 172,000 cubic meter ARC7 LNG carrier newbuildings to be constructed for the Yamal LNG project in the Russian Arctic.
Yamal is expected to produce 16.5 million metric tons of LNG annually by 2019, which will require a total of 15 ARC7 icebreaker LNG carriers. The first shipment from the project is planned for this month, with the receiver rumored to be China.
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