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Wednesday, August 21, 2019

Peter Evensen News

Sabrina Chao, Executive Chairman of Wah Kwong Maritime Transport Holdings Ltd.

Wah Kwong Maritime's Chao is 2018 CMA Commodore

Award to be presented March 14, 2018 at the conclusion of the CMA’s Shipping 2018 Annual Conference and Exposition. Ms. Sabrina S. M. Chao, Executive Chairman of Wah Kwong Maritime Transport Holdings Ltd. has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2018. Ms. Chao follows a long succession of influential maritime industry leaders as Commodore. The 2018 Commodore Award will be presented on March 14, 2018 at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and trade exposition…

Jack Noonan, CEO, Chembulk Tankers

Noonan Named CMA's 2017 'Commodore'

This morning CMA announced that Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers, has been named as the CMA Commodore for the year 2017. Noonan joins a presigious list of previous award winners, including Ole Skaarup, Jacob Stolt-Nielsen, George Livanos, Phil Loree, Thomas Moran, Gregory Hadjieleftheriadis, Helmut Sohmen, Gerhard Kurz, William O’Neil, Richard du Moulin, Per Heidenreich, Marc Saverys, Frank Tsao, Stelios Haji-Ioannou, Peter Georgiopoulos, C. Sean Day, Torben Jensen, Morten Arntzen, John Fredriksen, Capt.

Kenneth Hvid (Photo: Teekay Corporation)

Hvid to Take Over as Teekay President and CEO

Teekay Corporation’s board of directors has elected Kenneth Hvid to succeed current president and CEO, Peter Evensen, who will retire January 31, 2017 after more than 13 years with the company. Hvid is presently serving as president and CEO of Teekay Offshore Group Ltd. “Kenneth Hvid is the natural successor to Peter Evensen as CEO of Teekay at this time,” said Teekay's Chairman, Sean Day. Hvid has served on the board of Teekay daughter companies, and has worked closely with all the business segments in Teekay in his previous role as Chief Strategy Officer.

Paddy Rogers, CEO of Euronav NV (Credit / Copyright: Susanne Habuka)

Paddy Rodgers Named CMA 2016 Commodore

Award to be presented March 23, 2016 at the conclusion of the CMA’s Shipping 2016 Annual Conference and Exposition. Mr. Paddy Rodgers, CEO of Euronav NV has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2016. Rodgers follows a long succession of influential maritime industry leaders as Commodore. The 2016 Commodore Award will be presented on March 23, 2016 at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and trade exposition, at the Hilton Hotel in Stamford, Connecticut, USA.

Possible Fleet of LNG MEGI Newbuildings. Image by Teekay LNG Partners

Teekay Awards Contracts for LNG Imports Complex

A consortium composed of Teekay LNG Partners L.P., Samsung C&T (Samsung) and Gulf Investment Corporation (GIC) executed today with the Government of the Kingdom of Bahrain the project agreements for the development of an LNG receiving and regasification terminal in Bahrain. The project, to be developed on a BOOT (build, own, operate, transfer) basis, will be located in Hidd Industrial area of Bahrain and will help the Kingdom meet the increasing demand for gas supplies to satisfy its industrial and urban development.

CMA Names Tsakos 2015 Commodore

Capt. Panagiotis N. Capt. Panagiotis N. Tsakos, Founder of the Tsakos Group, has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2015. The award, given each year to a person in the international maritime industry who has contributed to the growth and development of the industry, will be presented on March 25, 2015 at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and trade exposition, at the Hilton Hotel in Stamford, Connecticut.

Courtesy Teekay Corpn

Shell to Put Teekay’s LNG Newbuilds into service

Subsidiaries of Teekay LNG Partners L.P. and a wholly owned company of Royal Dutch Shell plc today announced that they have entered into time-charter contracts for five newbuild LNG carriers. The vessels will operate as part of Shell's global LNG fleet under time-charters ranging in duration from six to eight years, plus extension options. Delivery of the vessels will start from the second half of 2017 into 2018. The new time-charter contracts with Shell will be serviced by five 173…

Teekay Announces Senior Management Change

Teekay Corporation and Teekay Tankers Ltd. announced that Bruce Chan, Chief Executive Officer of Teekay Tankers and President of Teekay Tanker Services, has informed the Company of his intention to resign from his position effective June 20, 2014 after more than 18 years of service with the Company. Peter Evensen, Teekay's President and Chief Executive Officer stated, "Bruce Chan has been a dynamic contributor to Teekay's growth and evolution over the past 18 years. He led our…

Robert Bugbee speaking at CMA in March 2013

Bugbee Named 2014 CMA Commodore

Robert Bugbee, President of Scorpio has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2014. Mr. Bugbee follows a long succession of influential maritime industry leaders as Commodore. The 2014 Commodore Award will be presented to Mr. Bugbee on March 19, 2014 at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and trade exposition, at the Hilton Hotel in Stamford, Connecticut, U.S. The Award is given…

Morten Arntzen web

Arntzen Joins World Maritime Day Risk Management Panel

Clay Maitland, Chairman of the North American Marine Environment Protection Association, announced that Morten Arntzen will moderate the Risk Management panel at this year’s North American World Maritime Day Observance being held on October 30th aboard the Hornblower Infinity in New York. This annual event explores this year’s World Maritime Day theme of Sustainability and will include a risk management roundtable featuring industry leaders such as Peter Evensen of Teekay, Phillip Shapiro of Liberty Maritime…

Teekay Charters Out Two LNG Newbuildings

Teekay LNG Partners signs two, 5-year time-charter contracts with Cheniere Marketing to provide Liquefied Natural Gas (LNG) transportation services. The fixed-rate time-charter contracts will be serviced by the two 173,400 cubic meter LNG carrier newbuildings ordered by Teekay LNG in December 2012. The newbuildings are currently under construction by Daewoo Shipbuilding & Marine Engineering of South Korea and are scheduled to be delivered in the first half of 2016. These new ships will be constructed with M-type…

Voyageur Spirit FPSO: Photo courtesy of Teekay

Teekay FPSO Receives First Oil

The 'Voyageur Spirit' FPSO has achieved first oil on the Huntington field in the United Kingdom. Teekay describe the event as an important milestone for on of its largest projects. The production unit has been installed for its new charter contract with E.ON Ruhrgas UK E&P (E.ON) and the charter is expected to last for a firm period of five years, with extension options. Teekay acquired the 2009-built Voyageur Spirit as part of the acquisition of three FPSO units from Sevan in October last year.

UK P&I Club Stand: Photo credit UK Club

UK Club at Connecticut Expo & CMA Commodore Award

The UK Club took part recently in the latest Connecticut Maritime Association (CMA) exhibition and conference at Stamford, CT. The UK P&I Club say that their stand at the expo was host to many of their members and friends from the North American maritime community and beyond. Each year the award of CMA Commodore is given to an individual for their contribution to the growth and development of the shipping industry. This year’s recipient was Mr. Peter Evensen, President and Chief Executive Officer (CEO) of Teekay Corporation (Teekay) .

Mr. Peter Evensen Named CMA 2013 Commodore

Award to be presented March 20, 2013 at the conclusion of the CMA's Shipping 2013 Annual Conference and Exposition. Mr. Peter Evensen, President and Chief Executive Officer (CEO) of Teekay Corporation (Teekay) has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2013. Mr. Evensen follows a long succession of influential maritime industry leaders as Commodore. The 2013 Commodore Award will be presented to Mr. Evensen on March 20, 2013 at the Gala Dinner marking the conclusion of the annual Connecticut Maritime Association conference and trade exposition…

Teekay LNG Partners Orders Two LNG Newbuilds

Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) entered into an agreement with Daewoo Shipbuilding & Marine Engineering CO., LTD., (DSME) of South Korea for the construction of two 173,400 cu. m. Liquefied Natural Gas (LNG) carrier newbuildings, with options to order up to three additional vessels. The Partnership intends to secure long-term contract employment for both vessels prior to their delivery in the first half of 2016. The newbuildings will be constructed with M-type…

What’s Next?

The maritime industry goes from cycle to cycle, living with and by uncertainty. You could even say that our industry embraces risk. This means that “What’s next?” is always a relevant question – and one that gets some interesting responses. During Nor-Shipping 2011, we discovered that the “what’s next” question really resonates with the industry when we used it to support the theme “Next Generation Shipping” for the event week. The standing-room only audience at the Nor-Shipping…

Nor-shipping More Popular Than Ever

Nor-Shipping 2011 was more popular than ever with a record 16,235 visitors coming to the exhibition venue, an increase of 4 percent from the previous event two years earlier and the largest turnout since Nor-Shipping began in 1965. A total of 17,298 exhibitor delegates from 54 countries participated in the four-day event, which closed on May 27. In addition to the 16,235 visitors, this resulted in a total turnout of 33,533 delegates to the exhibition, which also featured 22 national pavilions and 5 “theme parks”.

Teekay Announces Senior Management Appointments

Teekay Corporation (Teekay or the Company) (NYSE:TK) announced that its current President of its Shuttle Tanker and FSO business unit, Kenneth Hvid, has been appointed to the position of Executive Vice President and Chief Strategy Officer effective April 1, 2011. In his new role, Mr. Hvid will be located in Vancouver, Canada and will be succeeding Peter Evensen, who will take over as Teekay's President and Chief Executive Officer in April 2011 as a result of the previously announced retirement of Bjorn Moller.Mr. Hvid joined Teekay in 2000 from A.P.