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Teekay and Wärtsilä halve CO2 emissions with new vessel

Carrier Teekay and supplier Wärtsilä have joined forces to develop a new type of shuttle tanker which emits more than 40 percent less CO2 than conventional shuttle tankers, according to the companies.

Photo: PR-foto: Teekay Tankers & Wärtsilä

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One third of Lim family ships have new owners

Around one third of the ships controlled by Hin Leong founder O.K. Lim and his family have new owners, Reuters reports. The rest of the ships are expected to be sold by the end of the year.

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