COACH Solutions
Software to Optimise Vessel Fuel Consumption and Speed
Teekay Tankers has formed a joint venture with Wah Kwong Shipping in Hong Kong to invest in a VLCC newbuild, which will be delivered from Shanghai Waigaoqiao shipyard. The contract price of the vessel is $98m and the joint venture plans to finance about $70m through commercial banks an
Teekay Tankers has formed a joint venture with Wah Kwong Shipping in Hong Kong to invest in a VLCC newbuild, which will be delivered from Shanghai Waigaoqiao shipyard.
The contract price of the vessel is $98m and the joint venture plans to finance about $70m through commercial banks and the remaining from its own fund.
Teekay said the ship is expected to be delivered in April 2013 and will be chartered to a Chinese shipping company for five years.
The Bermuda-based tanker operator has also received an offer from its parent to acquire an Aframax tanker and a Suezmax tanker.
Software to Optimise Vessel Fuel Consumption and Speed
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