Tag Archives: Shuttle tankers

Teekay flag-out sparks fear of job cuts

Teekay

TEEKAY Shipping Norway is set to flag out some or all of its nine Norwegian-registered shuttle tankers, in a move that could cost hundreds of Norwegian ratings jobs.  According to the company, the decision is motivated by a desire to cut costs, and is not specifically linked with the global economic downturn. Details are still being ...