Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Wed 29 Nov 2017, 13:23 GMT

Teekay Offshore orders another two LNG-fuelled shuttle tankers


Purchase commitment follows the company's previous order for two LNG-powered Shuttle Spirit tankers in July.

Teekay Offshore Partners L.P. has announced that it has exercised options with Samsung Heavy Industries Co., Ltd. for the construction of two Suezmax-sized, DP2 shuttle tanker newbuildings for a total cost of approximately $265 million.

The newbuilds are to be constructed based on Teekay Offshore's new Shuttle Spirit design, which incorporates technologies designed to increase fuel efficiency and reduce emissions, including LNG propulsion technology.

The purchase commitment follows the company's previous order for two LNG-powered Shuttle Spirit tankers (with the option for another two) on July 27.

"This is another important milestone for Teekay Offshore's shuttle tanker franchise since it further strengthens our position as the leading provider of CoA shuttle tanker services in the North Sea," commented Ingvild Saether, President and CEO of Teekay Offshore Group Ltd. "What makes me particularly proud is that these newbuildings, as well as the two shuttle tankers ordered in July 2017 to service Statoil’s needs in the North Sea, will set new standards for both fuel consumption and CO2 emissions."

Upon delivery in 2020, the vessels are due to join Teekay Offshore's contract of affreightment (CoA) fleet in the North Sea.

Creole Spirit

Teekay's first M-type, electronically controlled, gas injection (MEGI)-powered liquefied natural gas (LNG) vessel, the Creole Spirit, is due to complete its second year in operation next February.

Commenting on the vessel's fuel efficiency in 2016, Teekay noted: "The two-stroke engine technology provided by MAN Diesel, the MEGI propulsion system, is driving a step change in global LNG vessel efficiency. Whilst the most efficient dual-fuel, diesel-electric (DFDE) propulsion systems have daily consumptions in the region of 125 to 130 tonnes including sea margin, the MEGI vessels have a consumption of 100 tonnes."

Deal   Dual-fuel   Everllence   LNG   Newbuild  
American Bureau of Shipping (ABS) logo. ABS introduces nuclear-ready notation for marine and offshore assets  

The classification society has released what it describes as an industry-first notation to support future nuclear conversion of vessels and offshore assets.
AiP handover ceremony for NEXTGEN Energy Hub (NGEH) design. ABS grants approval in principle for Seatrium’s NEXTGEN Energy Hub design  

The hub concept integrates ammonia bunkering, power generation and electric vessel charging in a single unit.
Jumbo Maritime crew aboard vessel. Jumbo orders two methanol-ready L-Class heavy lift vessels from Dajin Heavy Industry  

Dutch heavy lift specialist Jumbo signs newbuilding contract for two 25,000-dwt vessels.
China flag. Zhoushan completes first bonded bunker operation at Majishan port area  

The operation marks full fuel supply coverage across all general cargo terminals in Zhoushan's port system.
US dollar banknotes. Port of Long Beach launches $1m methanol bunkering challenge for oceangoing vessels  

A $1m prize aims to kick-start commercial methanol bunkering at one of North America's busiest ports.
Core Power, Athlos Energy, Deon Policy Institute and ABS logos. Greece floating nuclear study finds no fundamental barriers to implementation  

A PESTLE assessment of floating nuclear power plants in Greece identifies framework gaps, not feasibility barriers.
Northern Pathliner alongside Bergen LNG vessel. Molgas completes LNG cool-down and bunkering for Northern Pathliner at Northern Lights terminal in Norway  

Operation carried out at Øygarden facility, with K Line and Integr8 Fuels in the supply chain.
Rendering of a G2 Ocean OHGC vessel. G2 Ocean expands fleet with six future-fuel ready gantry crane vessels  

Open hatch specialist adds vessels and jet sail technology as part of a broad fleet renewal programme.
CMA CGM Adventure vessel at Port of Mombasa. LNG-powered CMA CGM Adventure makes first call at the Port of Mombasa  

Kenya Ports Authority receives its first large LNG-fuelled container vessel.
Liam Blackmore, Lloyd's Register. Maritime trio shapes IMO safety guidelines for ammonia as marine fuel  

Real-world operational experience feeds directly into new IMO ammonia fuel safety framework.

↑  Back to Top


 Recommended