Shipowner-operator Seapeak says time-charter length shift is ‘positive’

Shipowner Seapeak has identified what it says is “a very positive” chartering change for LNG owners and it is one in which it can offer firsthand experience.

Seapeak president and chief executive Mark Kremin noted that under the company’s previous guise as Teekay LNG it built the first two-stroke gas injection vessels and chartered them out to US producer Cheniere Energy for five years.