Teekay to Buy Four LPG carriers

Wednesday, December 06, 2006
Teekay LNG Partners LP, a Bahamas maritime firm, will pay $106m to buy four liquefied petroleum gas carriers. Upon their delivery to Teekay LNG, all of the vessels will run on long-term, fixed-rate time-charters, Teekay said Wednesday. The company expects that each ship will generate about $11.6m per year in revenues. Three of the LPG carriers are under construction and will be purchased from IM Skaugen ASA upon their delivery from the shipyard between early 2008 and mid-2009. Source: United Press International
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

WSC CEO Koch to Retire in 2015

Chris Koch, current president and CEO of the World Shipping Council (WSC), will retire from his position on July 31, 2015, and WSC Senior Vice-President and General Counsel,

Cecon Secures Finances to Complete Newbuild

Cecon ASA has petitioned for a debt restructuring agreement (in Norwegian: gjeldsforhandling). Certain funds managed by York Capital Management Global Advisors,

HII Board of Directors Elects Two VPs

Huntington Ingalls Industries’ (HII) board of directors has elected Kellye Walker to serve as corporate vice president and general counsel and Charles R. “Chuck” Monroe Jr.

Dredging

Even 'Small' Vessels are Getting Bigger

The Shipowners’ Club is a mutual provider of P&I insurance that has throughout its 160 year history been dedicated to serving owners of small and specialist ships.

Container Volumes on the Rise in South Carolina

Container volume up 13 percent at South Carolina Ports Authority; Charleston benefiting from federal appropriations    The SC Ports Authority announced another

Phase 1 Dredging Wraps Up in Redwood City

Phase 1 of maintenance dredging of the Redwood City Harbor and Channel was completed this week, bringing the Port of Redwood City channel to a depth of 28 feet.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Port Authority Ship Repair Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2328 sec (4 req/sec)