Our Services

• Global Chartering

  

  The Teekay Chartering team is located in Houston, London, and Singapore to service the main tanker markets in the Atlantic, Pacific, Americas, and Europe. Our presence and expertise in these markets provides Teekay Chartering with the knowledge and agility to respond to changing market conditions. Our chartering desks optimise earnings for our pool partners by leveraging over 40 years of market knowledge and industry relationships as we service a variety of cargo contracts with one of the world’s largest mid-sized tanker fleets.

  Key benefits:

  • Marketing-leading earnings
  • Chartering strategies informed by in-house market intelligence
  • Triangulated voyages to limit time in ballast
  • Access to attractive cargos through our existing COAs
  • 40+ years of customer relationships with Oil Majors and traders

  Teekay Chartering. Optimised earnings through longstanding partnerships and global expertise.

• Commercial Operations  

  

  Teekay Commercial Operations leverages over 40 years of operations and voyage management, with offices located in London, Houston and Singapore. Our global presence provides 24/7 support for all voyage and operational matters.

  Key Services: 

  • Assist chartering in pre-fixture operations with loadable quantities and questionnaires 
  • Daily management of post-fixture activities  
  • Optimize service speeds based on market conditions 
  • Efficient and competitively-priced bunker procurement
  • Protect owners’ interests at all times with respect to Bills of Lading, Letters of Indemnity, deviating on laden passage, and NOR 

  Teekay Commercial Operations. Bridging the operational gap to ensure voyages run smoothly, and on time.  

• Fuel Services

  

  Working with ship owners to manage their biggest voyage expense. 

  Teekay Fuel Services provides pool partners a transparent supply chain service for competitively priced bunker fuel procurement and deliveries.  Teekay Fuel Services provides bunkering for over 140 vessels, and is on track to bunker 1.2 million MT in 2017. With our seamless mix of technical and regulatory expertise, market intelligence, and volume procurement, Teekay Fuel Services helps our pool partners save money and mitigate risk, whatever the voyage or region.

  Key Benefits:  

  • Volume consolidation provides access to competitively-priced bunker fuels
  • Strong market presence and reputation
  • Access to top tier supply base
  • Established credit lines with major and independent suppliers
  • Daily market reporting 
  • Vessel performance reporting and benchmarking 
  • Immediate support, including claims and dispute resolutions and assistance

  Teekay Fuel Services. Well-priced bunkers, full-service procurement, and optimised earnings.

• Vetting Management

  

  Ship Vetting Management | TMSA | Port State Control | Structural Integrity and Incident Management  

  Managing safety, quality, and environmental risks are a key component to successful ship operations. Teekay Ship Vetting Management Services works with owners and ships’ crew to ensure that vessels are fit-for-purpose with our comprehensive vetting services.   

  Our marine experts have over 25 years’ experience evaluating vetting inspections conducted by accredited inspectors, following the OCIMF (SIRE) programs. We have strong, trusted relationships with Oil Major vetting departments and OCIMF SIRE inspectors.  

  Key Services: 

  • Ensuring the suitability and compliance of all pool vessels for port calls and transportation of oil and gas  
  • Managing safety and quality risks for pool vessels 
  • Managing complex vetting issues  

  Teekay Vetting Management Services. Managing Risk. Ensuring Safety. Protecting Earnings.

• Claims Services

  

  Teekay Claims Services provides fast and reliable claims handling.  Pool partners receive demurrage payments on an accrual basis. We make sure the money due to an owner, gets to an owner— as quickly as possible. Teekay Claims Services has gained the trust of our charterers through our accuracy and integrity, and our claims platform extends the value of that trust to our customers by building transparency and claims audit options to our partners.

  Key Services: 

  • Timely issuance of demurrage and other re-billable claims 
  • Unlimited legal, commercial and claims advice 24/7 for any problem or claim 
  • Management of problem claims up to the point of litigation or arbitration  
  • Review of port agents proforma disbursements 
  • Assembly and review of voyage expenses, including port expenses, demurrage and other commercial claims 
  • Monitor and collect re-billables such as OPA, heating / deviation claims, and taxes  

  Teekay Claims Services. Fast and efficient claims settlements, done right.  

• Technical Advice

  

  Teekay Shipmanagement has over 40 years of operational excellence, delivering reliable and flexible solutions, maximizing vessel performance and staying on the cutting edge of innovation with our people, systems and machinery. When you place your tankers in our pools you’ll also have a direct relationship with our ship management group. 

  Key Services:  

  • Energy efficiency, where we can help you to maximize your pool points rating  
  • HSEQ where getting our people home safely is our number one priority and environmental leadership a close second
  • Procurement Services for further cost savings 
  • Delivering flawless customer service through safe and efficient operations 

   Teekay Shipmanagement. Sharing over 40 years of knowledge so that we all succeed.

• Market Intelligence

  

  Teekay Research provides key market insights specific to the mid-sized segments 

  Our researchers work closely with the Teekay chartering desk to ensure that our well-rounded research-based market intelligence is used to help develop trading strategies.

  With our monthly tanker market videos and “Graph of the Month,” Teekay Research provides market watchers with the most up-to-date and relevant market information for mid-sized tanker owners. For owners with vessels in a Teekay Pool, this offering is expanded to include: 

  • Monthly tanker market insight reports 
  • Quarterly tanker market updates with our forward market view
  • One-pager editorials on current events impacting our business 
  • Direct access to the Teekay research team  

  Teekay Market Intelligence. Smart and in-depth tanker market knowledge guides the course.