Shipowners tracking Teekay LNG and its Chinese partner’s six Arc7 vessels — and another six apparently caught up in the US-Cosco sanctions row — warn that they may face increasing problems.
One shipowning source close to the LNG carriers said there could be issues with the two 172,600-cbm Arc7 newbuildings that have still to be delivered.
This is because their handovers will entail Teekay and its 50-50 partner China LNG Shipping (CLNGS) making final payments on the vessels to South Korean shipbuilder DSME that could place the them under the scrutiny of US authorities.
