{"id":2112,"date":"2004-05-04T00:00:00","date_gmt":"2004-05-03T23:00:00","guid":{"rendered":"https:\/\/mercator.nfdtesting.uk\/propulsion-and-future-fuels-conference\/2004\/05\/04\/teekay-finalizes-acquisition-of-tapias\/"},"modified":"2004-05-04T00:00:00","modified_gmt":"2004-05-03T23:00:00","slug":"teekay-finalizes-acquisition-of-tapias","status":"publish","type":"post","link":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/news\/general-news\/teekay-finalizes-acquisition-of-tapias\/","title":{"rendered":"Teekay finalizes acquisition of Tapias"},"content":{"rendered":"<p>Teekay Shipping has now completed its acquisition of Naviera F. Tapias (Tapias), and has formed a 50\/50 joint venture company with the former shareholders of Tapias to pursue new oil and gas shipping opportunities in Spain. Teekay has acquired Tapias for a total value of approximately $810 million and, in addition, Teekay has assumed approximately $540 million in newbuilding commitments.<\/p>\n<p>With the acquisition of Tapias, Teekay has gained entry into the high-growth LNG shipping sector while at the same time it has positioned itself as a key supplier of LNG shipping to Spain. In addition, by acquiring Tapias, a major provider of crude oil transportation to Spain, Teekay&#8217;s will extend its leading position in the crude oil tanker sector.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Teekay Shipping has now completed its acquisition of Naviera F. Tapias (Tapias), and has formed a 50\/50 joint venture company with the former shareholders of Tapias to pursue new oil and gas shipping opportunities in Spain. Teekay has acquired Tapias for a total value of approximately $810 million and, in addition, Teekay has assumed approximately [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"sponsor":[],"class_list":["post-2112","post","type-post","status-publish","format-standard","hentry","category-general-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/2112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/comments?post=2112"}],"version-history":[{"count":0,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/2112\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/media?parent=2112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/categories?post=2112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/tags?post=2112"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/sponsor?post=2112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}