NEWS ARCHIVE

Awilco seals Teekay deal

AWILCO LNG has entered into a sale and leaseback agreement with Teekay LNG Partners for its first 155,900 cubic metre newbuild scheduled for delivery in the third quarter of 2013.

Daewoo Shipbuilding & Marine Engineering Co is building the vessel for delivery to Awilco. Once it is delivered Teekay will buy the vessel, which will be bareboat chartered by Awilco LNG at a fixed...

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