Seatrium Limited (Seatrium) has announced a significant milestone with the securing of a Favoured Customer Contract agreement from Teekay Shipping (Australia) (Teekay). This agreement marks Seatrium’s first long-term strategic partnership with a leading ship management company for the repair and upgrade of vessels under Australia’s Defence Maritime Support Services Program (DMSSP). Over the next two years, Seatrium will refit a series of vessels, collaborating closely with Teekay through joint planning,