Year joined SIGTTO: 2004
Location: Pan American, Canada

LNG Terminal, LNG and LPG Ship Operator

"With our extensive newbuilding projects, including a variety of propulsion systems and more subtle development in containment systems, the interaction with the manufacturers and designers of these systems, facilitated by the SIGTTO platforms, has been of great assistance." 

 

About Teekay

Torben Karlshoej started a small company in 1973, with a big dream. He was a true pioneer and entrepreneur in the shipping industry.​ His initials give us our name and we continue to be guided by the same ‘SPIRIT’ values he championed: Safety & Sustainability, Passion, Integrity, Reliability, Innovation and Teamwork. 

With operational offices in Glasgow and Madrid, Teekay LNG Partners (or, Teekay Gas as its often referred to) is a prime example of the wider organisation’s commitment to growth, innovation and operational excellence. As owner-operators of 77 vessels (47 LNG and 30 LPG), we are one of the world's largest owner-operators of LNG carriers; and owners of LPG carriers. We have 2300 employees at sea and on shore and are responsible for transporting 8% of seaborne gas around the world.

Since 2002, TK has managed all shipbuilding 100% in house, including 36 LNG newbuilds (21 over the last 5 years), and 6 ARC 7 LNG carriers ordered in 2014 and delivered on-budget and ahead of schedule in 2018 and 2019. We pride ourselves in working closely with shipbuilders to design and deliver world-leading designs (MEGI & ARC 7) and having the gas engine expertise to operate various propulsion arrangements.

Our commitment and passion to innovate has been exemplified similarly in our recent projects, including; Yamal LNG Project, where TK were entrusted leaders of the Joint Task Force (a compilation of Customer and Shipowners) , developing the Polar Operating Manual – the first of its kind addressing the complexity of LNG operations in the Arctic, and the Bahrain Floating Storage Unit and LNG Import Terminal, a 20-year contract with the Kingdom of Bahrain to develop an LNG receiving and regasification terminal, with TK having a 30% interest in the terminal and providing the technical LNG expertise and an FSU.

To be agile in meeting the needs of the new technologies onboard our ships and in our marine projects we have had to invest heavily in what is undoubtedly our most valuable asset; our People. From the days of our founder, there has been a commitment to developing Operational Leaders, providing a reliable and effective performance – Operational Excellence – ensuring our best level of service and even more importantly, that everyone gets home safely. At Teekay Gas, Everyone is a Leader, and to support that ethos we have established a Training Centre with full bridge simulator in Glasgow, to ensure our seastaff receive the highest level of training, meeting the Teekay specific and industry requirements.  

 

Teekay and SIGTTO

We’ve shown how Teekay Gas has positioned itself at the forefront of technical development and diversification, and indeed we need look no further than at the recent innovations in the design of LNG tankers to identify how they have been subject to, arguably, the most development in the last twenty years of any type of cargo ship. Again, with such a variety of changes of hardware, the staff operating and managing these tankers have also been subject to significant changes in their learning experiences. This is precisely where the role of SIGTTO has become so beneficial for its members.
With our extensive newbuilding projects, including a variety of propulsion systems and more subtle development in containment systems, the interaction with the manufacturers and designers of these systems, facilitated by the SIGTTO platforms, has been of great assistance.
In fact, our involvement goes way beyond the management of our LNG tankers. The Teekay Gas Vice President, Chris McDade, sits on the SIGTTO Board of Directors and we have a number of senior representatives on the LNG Working Groups and those of LPG and the recently formed Cargo Resource Management Working Groups. Participation has enabled industry peers to collectively engage in enhancing and raising standards and promoting best practices, both technical and non-technical, engrained in our operations.

 

Visit Website: www.teekay.com