ATHENS: Teekay Offshore Partners (TOP) has delayed delivery of two semi-completed hulls, which are being converted to “high-end” floating accommodation units (FAUs) at two Cosco shipyards for TOP’s Norwegian subsidiary Logitel Offshore Holding.
The first converted FAU, the Arendal Spirit, was delivered to the shipowner in February. The unit commenced three-year fixed-rate timecharter to Petrobras in Brazil on June 7. The second unit, which is being converted at Cosco (Nantong) Shipyard, was due to arrive in October this year but has now been delayed by up to 12 months.
The third unit, which is undergoing work at Cosco (Qidoing) Offshore Co, was scheduled to arrive in the first quarter 2017 but will now arrive 120 days later in the second quarter.
