Teekay Corp - Company Profile
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Business Description
Teekay Corp (Teekay) provides crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, largely under long-term, fixed-rate contracts. It serves major energy and utility companies, oil traders, oil and LNG consumers and petroleum product producers, government agencies, and other entities.
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Business Segments
Overview
Fleet includes conventional crude oil tankers and product carriers. These vessels operates in the spot-tanker market or are subject to time charters or contracts of affreightment, and short-term, fixed-rate contracts. - Conventional tankers operate under pooling or revenue sharing commercial management arrangements Vessels include conventional Aframax, Suezmax, and large product tankers Chartering staff in Singapore; London, England; and Houston, the US. It reported a capital expenditure of US$15.4 million in FY2022.
Performance
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Overview
Comprise investments in Teekay LNG, Teekay Tankers and Teekay Offshore, and ownership of FPSO units. Fleet includes owned floating production, storage and offloading (FPSO) units; and chartered- in FSO units, shuttle tankers and a bunker barge.
Performance
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