An owner-managed vessel pool with transparency in mind.
Teekay’s commercial vessel 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.
Key Benefits of Vessel Pooling with Teekay:
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
As ship owners, we know our partners value transparency and real-time access to ship-related data. With The Helm, our partner-only dashboard, vessel pool partners have a real-time direct link to commercial, technical, and market data. Engage with your vessel and the pools, anytime you like.
Key benefits of The Helm portal:
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
Our vessel pool points system promotes fairness and transparency in our pool management platform, and we ensure that all vessel 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.
Teekay Vessel Pool Management. A fair and transparent way to trade your vessel.
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.
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 shipowners 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
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.