SHI Cuts Steel on 4th Teekay Shuttle Tanker

Furst steel was cut on Monday at Samsung Heavy Industries (SHI) in South Korea for the fourth and final E-Shuttle tanker in a series for Teekay Offshore. The final vessel will be named Current Spirit.

The 130,000 dwt vessels will operate on both liquefied natural gas (LNG) as the primary fuel, and a mixture of LNG and recovered volatile organic compounds (VOCs) as secondary fuel. According to Teekay, the new and innovative shuttle tanker design will reduce emissions and fuel consumption.

The power distribution system is part of Wärtsilä’s Low Loss Hybrid (LLH) system, using batteries to leverage more fuel savings, peak load shaving and added overall system redundancy. The annual emission reduction potential is estimated at up to 42%, with fuel consumption reduced by up to 22% compared to traditional shuttle tankers, Teekay said.

Teekay placed an initial order for the first two Suezmax-size, DP2 shuttle tankers at SHI in July 2017, and then ordered two more in November 2017.

Upon delivery in 2020, the vessels will join Teekay Offshore’s Contract of Affreightment (CoA) fleet in the North Sea.