Teekay Shipping

[Paul Barford]

(Thumb) Have started this thread as I of know quite a few former and currently serving members in SN.
Although when the company was started, it was not well known in Europe as most of it's trade was around the Pacific rim/middle and far east. It has risen to become a large company with offices in Vancouver,Houston,Glasgow,Singapore,Oslo,Perth to name but a few.
With the decline of British and European companies,people of varying nationalities manned the early ships, a trend which continues and has expanded over the years. Sadly, like myself, British and European seaman are now dinosaurs and there are only a few of us left.
So, hello to you all!

[Thamesphil]

Teekay is a true success story in my book. Founded by the late Torben Karlshoej, a Danish national, in 1973, it has grown to be one of the largest tanker owners in the World. In fact, following the joint purchase (with Torm)of the OMI Corporation fleet earlier this year, Teekay is now the World's third largest tanker owner in terms of vessel numbers, controlling a fleet of 85 ships. They are also a very pleasant company to deal with.

Phil

[Jim MacIntyre]

Hello Paul
By any chance do you know of Tony Labella - last I was aware he was working in Teekay operations in Vancouver...
Cheers
Jim MacIntyre

[cboots]

Their vessels are quite well represented on the Australian coast, at least here in Victoria. I saw the Basker Spirit recently at Crib Point, Western Port, and from the constructions on her bow I'd say she is probably servicing the Baskar Oil field in the Bass Straits. Within the same few days another one of theirs was discharging at the oil facility at Hastings, but I can't remember her name.
CBoots

[Jan Hendrik]

CBoots,
Now this is a coincidence, I especially went to Crib Point TODAY to take a photo of the Basker Spirit, here you are, on SN still the very best service,
cheers
Jan
p.s. by the way trying to do some fishing in Western Port today, sh....house, so have to settle for a Burger from the local pub.

[Jan Hendrik]

Paul and Phil, thanks for your update on Teekay and as far as I remember it all started for them in Vancouver, and indeed an excellent company to deal with.

Some 85 ships todate? Quite something, but a lot under Management I guess?
They specialise in Management more than Ownwership as far as I am aware.
Nevertheless a fantastic company in the maritime world.
Jan

[Thamesphil]

Paul and Phil, thanks for your update on Teekay and as far as I remember it all started for them in Vancouver, and indeed an excellent company to deal with.

Some 85 ships todate? Quite something, but a lot under Management I guess?
They specialise in Management more than Ownwership as far as I am aware.
Nevertheless a fantastic company in the maritime world.
Jan

Jan,

Teekay was initially operated out of Long Beach, California. They moved out to Vancouver in the early 90s when the U.S. made it unfavourable for foreign nationals to operate. They are not a ship management outfit, most of their fleet is owned and has grown through acquisition of other companies, such as the OMI purchase this year, as well as investment in the newbuilding market. (Thumb)

Cheers,
Phil

[Paul Barford]

Hello Paul
By any chance do you know of Tony Labella - last I was aware he was working in Teekay operations in Vancouver...
Cheers
Jim MacIntyre
Jim,
Tony Labella is still going strong in Vancouver office and has various roles.He was probably the senior ship operator, or cargo manager,but since the companies rapid expansion his role has changed. His official title now is 'Buisness Information Specialist' which is part of the HSEQ department (health,safety and environmental quality).Just a couple of years ago I was carrying out 'Environemntal Audits' for TK vessels and he was and still is the acting co-ordinator for that team.A nice guy to deal with and a bit of a legend within Teekay.
best regards,
Paul

[cboots]

Thanks for posting the pic Jan, it is a good one. In exactly the same position as I saw her, even had that weird looking offshore type boat moored alongside her as well.
I think I posted elsewhere that Teekay were being tipped as a hot stock by some of the pundits a while back which caught my eye. Must be a while since a shipping concern were reckoned a good punt by the money boys, whatever logic they were applying.
CBoots

[Jan Hendrik]

Thanks for your info Phil. Appreciate.

CBoots, thanks, I could take the photo next to the pier as security did not let me in, but the small bbq spot next to it was a lot better.
Jan

[Jim MacIntyre]

Hi Paul
Glad to hear Tony is doing well. We worked together many many years ago at Seabrokers Inc. in New York. I could go on with tales of his escapades back then but they would only enhance the 'legend'.
Hint - if you get a chance to talk to him ask him about Sherman the Weimaraner and the empty New York apartment.....
Cheers
Jim MacIntyre

[Paul Barford]

Just a thought Jim,

If you would like to contact him, you can do so by sending me a PM and I will send you his email address.

Cheers,
Paul

[Bill Davies]

Jan,

Teekay was initially operated out of Long Beach, California. They moved out to Vancouver in the early 90s when the U.S. made it unfavourable for foreign nationals to operate. They are not a ship management outfit, most of their fleet is owned and has grown through acquisition of other companies, such as the OMI purchase this year, as well as investment in the newbuilding market. (Thumb)

Cheers,
Phil

To be more specific, they moved because of their objection to OPA 90.
There are few , if any, ship managers who do not own their own ships although it might not be patently obvious. The initial concept of ship manager was not to offer a service but to separate the 'beneficial ownership' from the operation. Primarily used as a defence against the ITF.

[cybersalem]

Jan,

Teekay was initially operated out of Long Beach, California.

Cheers,
Phil

Actually, TK was started in CT when Torben was living in CT. He then moved the office to NYC into the Cunard Bldg. on 5th Ave. I was Torben's secretary in another shipping company from 1970-1974, and then his Admin. Asst. at TK from 1974-1975. He then left for CA and I stayed behind. I did meet up with him again around 1978 or 1979 when he was in the Bahamas. I stayed with him and his one of his daughters for a few days.

[Orbitaman]

"There are few , if any, ship managers who do not own their own ships"

There are plenty of ship managers who do not own their own ships.

Here in Limassol, I know of at least six ship managers who own no ships, nor do the owners of the ships have any link with the managers beyond that of the business agreement to manage the ships.

One of these managers manage in excess of 300 ships and have no ownership links with any of the ships they manage.

My own employers, whilst ship owners in there own right, manage a number of ships for other clients who have no links with the company other than management of the vessels.

[Brian Locking]

"There are few , if any, ship managers who do not own their own ships"

There are plenty of ship managers who do not own their own ships.

Here in Limassol, I know of at least six ship managers who own no ships, nor do the owners of the ships have any link with the managers beyond that of the business agreement to manage the ships.

One of these managers manage in excess of 300 ships and have no ownership links with any of the ships they manage.

My own employers, whilst ship owners in there own right, manage a number of ships for other clients who have no links with the company other than management of the vessels.

How can you say with certainty?

The only individuals who know the true Beneficial Ownership of a vessel within a ship Management company is the Owner (obviously), the Bank and the Lawyers. I have worked for Greek and Cypriot managers who distance themselves from ownership for ITF purposes. I have sat in front of ITF officials in London arguing over Blue Cards/AMOSUP agreements and such never as Fleet manager never knowing the truth. My guess is that you are wrong and the managers you refer to do infact own some of the ship within the fleet.

Brian

[Orbitaman]

How can you say with certainty?

The only individuals who know the true Beneficial Ownership of a vessel within a ship Management company is the Owner (obviously), the Bank and the Lawyers. I have worked for Greek and Cypriot managers who distance themselves from ownership for ITF purposes. I have sat in front of ITF officials in London arguing over Blue Cards/AMOSUP agreements and such never as Fleet manager never knowing the truth. My guess is that you are wrong and the managers you refer to do infact own some of the ship within the fleet.

Brian

Brian,

You are welcome to your 'guess', but I stand by my assertion that some of these managers are managers only and nothing more.

[Brian Locking]

Brian,

You are welcome to your 'guess', but I stand by my assertion that some of these managers are managers only and nothing more.

Well done, you have answered in the only way possible. Interocean would be happy with your response.

[Chouan]

What a completely pointless argument. You can't prove Orbitaman wrong, he can't prove himself right, so is there any purpose to it beyond point scoring?
Both a Cadet and a Master I sailed with in Tradax, as far as I know, work for them now. Last I heard they both thought them a good outfit.

[Brian Locking]

What a completely pointless argument. You can't prove Orbitaman wrong, he can't prove himself right, so is there any purpose to it beyond point scoring?
Both a Cadet and a Master I sailed with in Tradax, as far as I know, work for them now. Last I heard they both thought them a good outfit.

Oh yes! And what exactly is your point?

[Orbitaman]

Well done, you have answered in the only way possible. Interocean would be happy with your response.

Perhaps you can enlighten me as to who are Interocean and where they come into this?

My original point was that another member asserted all managers own ships and I believe otherwise.

Your view as to whether he or I am wrong is quite irrelevant . Your response to Chouan likewise, other than being provocative and unnecessary?

[Chouan]

Oh yes! And what exactly is your point?

I think that my point was clear in my post. I was neither being elliptical nor opaque, neither ironic nor allegorical. If you read it again the meaning should be transparent, but, in case you need it to be spelled out, I'll run through the sequence of posts to make it clear to you.

A member made a generalised assertion:

"There are few , if any, ship managers who do not own their own ships"

Orbitaman said that he, in his experience, disagreed. You contradicted him, on no other evidence than your say so, not even knowing which company he works for:

"My guess is that you are wrong and the managers you refer to do infact own some of the ship within the fleet."

Orbitaman, referring again to his own experience of the company that he works for defended his position.

There it should have ended. There is no purpose in such an argument continuing as neither side can prove or disprove their assertions, and it would be fruitless to attempt to do so. Anything beyond this stage is no longer an exchange of views or an argument, but an assertion of personality. You then take things to that next stage with your next comment, which is why I made my post.
This post explains that post more fully. Is my point clear now?

[Brian Locking]

Perhaps you can enlighten me as to who are Interocean and where they come into this?

My original point was that another member asserted all managers own ships and I believe otherwise.

Your view as to whether he or I am wrong is quite irrelevant . Your response to Chouan likewise, other than being provocative and unnecessary?

If you need enlightenment on Interocean then perhaps you are best left in the dark.

My views on this forum are not irrelevant and every much as valid as your own.

[randcmackenzie]

I worked for Denholm Ship Management (DSM), one the largest ship managers of their day. Though the Denholm family owned ships which were managed by DSM, and had an interest in some others, the vast majority of owners with ships under management had no connection with DSM whatsoever, other than paying the expenses and monthly management fee.

The owners were so diverse and put ships under management so quickly, it would have been impossible for the managers to own or part own them. American, Greek, British, Swedish, Saudi, Emirates, Norwegian, Swiss, Thai, Indonesian, Japanese to name but a few.

And as quickly took them away, in many cases.

[Orbitaman]

"My views on this forum are not irrelevant and every much as valid as your own."

Bryan,

You views within the SN forum are on the whole relevant as are other members. However, in this particular thread your 'guess' serves no relevance to the topics being discussed other than to be provocative.

[Brian Locking]

My 'Guess' is based on 17 years in Ship Management. Six of which was spent in Cyprus. If you read provocation in my posts thats is for you. I read nievety and inexperience in yours.

[Orbitaman]

A guess is still a guess, however you try to dress it up.

I'm sorry that my 31 years of experience and naivety in the shipping industry makes me inexperienced in yours eyes, especially when compared to your 32 years experience as per your profile!

Or do you have a CV in your cupboard that you want to conceal from us?

No more from me on this subject. Roll credits, fade to black.....

[Brian Locking]

Strange how my simple post #16 evolved into this.
However, I am now convinced in the arithmetic inability of STCW candidates
I commenced my career in 62 (when were you born?) and still involved in management. I won't do the sums for you.

additional text removed

Brian Locking

[non descript]

Gentlemen,

Please take a break....

Different opinions are part and parcel of life, but allowing the emotions that such differences cause to escalate into a personal attack, is not the way that this Site wishes to move and the Moderators would ask everyone to take step back. The overtly rude comments have been removed, but the postings have been left, as to remove all of them smacks of undue control and that is NOT what we are about.

Please enjoy the Site for what it is – a forum for pleasant discussion – we can leave the fighting to others.
(Thumb)
Mark

[Chouan]

Well done for intervening, I thought that assertion of personality was intruding some time ago, and said so. Much good it did me!

[topgun28]

Hi Jim
Tony retired from Teekay in 2008 from the Vancouver office.