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Teekay secures big loan for newbuilds

Teekay Offshore has borrowed over USD 400 million to fund four tanker newbuilds sailing on LNG. Two vessels will be chartered to Equinor in the North Sea.

Photo: Teekay

Teekay Offshore has secured a big credit facility, which is to be used for several tanker newbuilds.

In a press release, the company informs that the loan, USD 414 million in total, will fund four Suezmax DP2 shuttle tankers all going to sail on LNG.

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