Teekay Offshore expects to receive $28m in compensation for a delay in a series of offshore vessels under construction at a Japanese yard, chief executive Peter Evensen said.
The Teekay spinoff says Niigata Shipbuilding & Repair has already paid it $7m for the late delivery of the 24,500-bhp anchor handling tug ALP Striker (built 2016).
"The partnership also expects to receive additional cash compensation for the remaining three towing and offshore installation newbuildings when they deliver in 2017," Teekay Offshore said today.
Evensen
