ShippingWatch

Teekay: ECO-design beats retrofit on gains

The Canadian company with Danish roots Teekay aims at ordering new fuel saving tonnage rather than retrofitting. “Gains are bigger than with a retrofit solution,” Teekay project manager Stuart Crawford tells ShippingWatch.

In the midst of discussions concerning the shipping industry and whether it should retrofit its existing fleet or build new tonnage, one of the world’s biggest tanker companies, Canadian Teekay, sees the future of shipping heading toward ECO tankers.

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