← Back to Newsnews
Oregon Lays Out Offshore Wind Roadmap, Teekay Exits VLCCs, MSC Launches Lunar New Year Service
By MGN Editorial•February 19, 2026 at 11:05 AM
A roundup of recent maritime industry news, including Oregon's offshore wind plans, Teekay Tankers' VLCC sale, and MSC's new container service.
## Oregon Maps Four Offshore Wind Futures
According to Splash247, the U.S. state of Oregon has unveiled a draft offshore wind roadmap outlining four potential futures for its deepwater west coast. The scenarios range from zero turbines to 3 GW of floating wind capacity. The roadmap, which is open for public input until April 3, was developed by the Oregon Department of Land Conservation and Development (DLCD).
The four futures outlined in the roadmap are:
1. **No Build**: No offshore wind development
2. **Modest Build**: 1 GW of offshore wind capacity
3. **Moderate Build**: 2 GW of offshore wind capacity
4. **Ambitious Build**: 3 GW of offshore wind capacity
The roadmap is part of Oregon's efforts to assess the feasibility and impacts of offshore wind development along its coast, which features deep waters unsuitable for fixed-bottom turbines. Floating wind technology will be crucial to unlocking the state's offshore wind potential.
## Teekay Tankers Exits VLCC Segment
In other news, Teekay Tankers has agreed to sell its only very large crude carrier (VLCC), according to Splash247. The 2013-built, 318,700 DWT Singapore Spirit will be offloaded, leaving the New York-listed owner focused solely on suezmax and aframax tonnage.
'The sale of our VLCC vessel is in line with our strategy to simplify our fleet and focus on the suezmax and aframax segments,' said Kenneth Hvid, Teekay Tankers' President and CEO. The move marks Teekay's exit from the VLCC segment as the company streamlines its operations.
## MSC Launches Lunar New Year Service
Meanwhile, Seatrade Maritime reports that the world's largest container line, MSC, has launched a new service connecting China and Southeast Asia to celebrate the Lunar New Year. The 'Firehorse' service will link ports in China, Vietnam, Thailand, and Malaysia.
The new service is part of MSC's efforts to enhance its network and provide customers with more options during the peak Lunar New Year shipping season. The Firehorse service will complement MSC's existing offerings, providing shippers with additional capacity and flexibility as they navigate the busy holiday period.
#offshore wind#Teekay Tankers#MSC#container shipping#Lunar New Year
Related Articles
MSC Expands Tanker Footprint With Sinokor Acquisition
Mediterranean Shipping Company is formalizing a strategic partnership with South Korean tanker operator Sinokor Maritime, expanding its presence in the tanker market.
Mar 20, 2026
Maritime Industry Braces for Middle East Conflict Fallout
Tensions in the Middle East threaten to disrupt global trade and energy markets, with the WTO warning of slowing trade growth and the risk of an environmental disaster from a drifting Russian gas tanker.
Mar 20, 2026
South Korean Investment Sought for India's Maritime Ambitions
Indian ambassador pitches opportunities for Korean shipbuilders and startups to expand into India's growing maritime and manufacturing sectors.
Mar 20, 2026
Milliken & Company Named One of the World's Most Ethical Companies for 20th Consecutive Year
Milliken & Company, a diversified manufacturer, has been recognized by Ethisphere as one of the World's Most Ethical Companies for the 20th year in a row, highlighting the company's commitment to ethical business practices.
Mar 20, 2026
Hapag-Lloyd Deepens Presence in India's Booming Shipping Market
German liner giant Hapag-Lloyd signs agreements with the Indian government to expand its operations in one of the world's fastest-growing shipping markets.
Mar 20, 2026