First Teekay ECC Shuttle Tanker Starts Taking Shape
South Korea’s Samsung Heavy Industries has laid keel for Teekay’s first shuttle tanker newbuilding intended for the East Coast Canada (ECC) project.
Sovcomflot Inks USD 180 Mn Credit for Shuttle Tanker Duo
Russian shipping company Sovcomflot and the country’s bank Sberbank signed a memorandum of understanding (MOU) paving the way for a new USD 180 million long-term credit agreement to finance two Panamax Arctic shuttle tankers.