AmericasContracts and Tenders

Teekay secures charters for three LNG carriers

By LNG Prime Staff
Teekay secures charters for three LNG carriers
Oak Spirit crossing the Panama Canal for the first time in 2016 (Image: Teekay LNG)

Teekay LNG said it has secured one-year charters for three liquefied natural gas carriers.

The Bermuda-based firm revealed in its first-quarter report that the existing charterer has exercised its option in March to extend the charter contract for the 2008-built 165,500-cbm Arwa Spirit.

The charterer has extended the contract to May 2022 at a fixed rate, Teekay, which holds a 52 percent stake in the DFDE carrier Arwa Spirit, said.

Moreover, the Bermuda-based firm has won charterers for two ME-GI LNG carriers.

In April, Teekay secured a fixed-rate charter contract for the 2016-built 173,000-cbm Oak Spirit. This contract will start in August or September, for a period of one year.

Also, the LNG shipper won another one-year, spot market-linked charter contract. The fixed-rate deal for the 2016-built 173,000-cbm Creole Spirit already started in March, Teekay said.

Following these charters, the firm has secured employment for 98 percent of its LNG fleet for 2021, and 89 percent for 2022, it said.

Most Popular

Vessels

South Korea’s Samsung Heavy secures order for LNG carrier quartet

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build four liquefied natural gas (LNG) carriers for approximately $1.05 billion.
Contracts and Tenders

TotalEnergies, GS Energy pen long-term LNG SPA

French energy giant TotalEnergies has entered into a long-term agreement with South Korea’s GS Energy to supply the latter with liquefied natural gas (LNG).
Vessels

China’s Hudong-Zhonghua develops new LNG carrier design

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.

More News Like This

Contracts and Tenders

Vopak inks FSRU deal with Seapeak for Australian LNG import project

Dutch independent storage tank firm Vopak has signed a deal with Stonepeak’s Seapeak to secure a floating storage and regasification unit for its planned LNG import facility in Australia’s Victoria state.
Vessels

Seapeak buys Navigare’s LNG carrier for $213 million

Stonepeak’s Seapeak has purchased a 2021-built LNG carrier from Navigare Capital Partners for $213 million. The LNG carrier in question...
Contracts and Tenders

Seapeak seals sale and leaseback deal for one LNG carrier

Stonepeak’s Seapeak has signed a sale and leaseback deal for one of its liquefied natural gas (LNG) carriers. The shipping...
Contracts and Tenders

Wartsila, Seapeak extend LNG carrier maintenance deal

Finland’s Wartsila has signed a 16-year lifecycle agreement with Stonepeak’s Seapeak for ten liquefied natural gas (LNG) carriers. The contract...