Teekay commits to third accommodation floater

Aug. 11, 2014
Teekay Offshore Partners has exercised the first of six options to build at the Cosco (Nantong) Shipyard in China another floating accommodation unit (FAU) based on the Sevan design for delivery in 3Q 2016.  

Offshore staff

HAMILTON, BermudaTeekay Offshore Partners has exercised the first of six options to build at the Cosco (Nantong) Shipyard in China another floating accommodation unit (FAU) based on the Sevan design for delivery in 3Q 2016.

This will expand the current building program to three units.

CEO Carl Lieungh said: “Sevan’s cylindrical hull design is perceived to have several competitive advantages relative to competitors such as lower cost, higher deck load capacity, better stability, and more storage space.”

08/11/2014