Leading Pool Management
Teekay’s commercial pool management solution provides ship owners with the market-leading earnings they need, and the fair and transparent service they expect.
We operate your vessels like they are our own, and our partner’s success is ultimately our success.
Through the scale gained working together with our partners, we service a wide range of COAs, full service lightering operations, and global markets.
- Market-leading earnings
- Turn-key management of all commercial matters, including chartering, bunkering, operations, and claims through our global network
- Fair and unbiased third-party pool pointing system
- Complete transparency through The Helm, our partner-only pool dashboard
- Regular cash flow through monthly distributions
- Technical advice, including vetting guidance
- Insider access to Teekay research and market views
With The Helm, our partner-only dashboard, pool partners have a real-time direct link to commercial, technical, and market data.
- Real-time visibility of all pool fixtures
- Daily market reports from the Teekay chartering desks
- Interactive map view of pool vessels, including weather, and voyage history
- Current and past voyage data, including estimated TCEs and cargo information
- Detailed speed and consumption data
- Vetting status for vessels across the fleet
- Historical and projected pool TCEs
- Mid-sized tanker market research, including monthly and quarterly reports
- Downloadable monthly pool report
Pool Points System
Our pool points system promotes fairness and transparency in our pool management platform, and we ensure that all pool partners understand how their vessels are pointed through our third party process. The distribution process is fair and balanced, and we believe that is a key to building trust.
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.
- 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.
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.
- 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.
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.
- 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.
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.
- 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.
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.
- 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.
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.
- 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.
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.
- Business Development
Director, Chartering & Freight Trading - Pacific
+65 6692 9889
Director, Chartering & Freight Trading - Atlantic
+1 713 735 8828
Director, Chartering & Freight Trading, Suezmax Department
+44 207 451 1105