Teekay Corp

Description

Teekay Corp. is an investment holding company, which engages in the provision of international crude oil and gas marine transportation services. Its lines of business include offshore production (FPSO units), LNG and LPG carriers and conventional tankers. The firm operates through the following segments: Teekay LNG; Teekay Tankers and Teekay Parent. The Teekay LNG segment comprises of the liquefied natural gas and liquefied petroleum gas carriers. The Teekay Tankers segment offers conventional crude oil tankers and product carriers. The Teekay Parent owns floating production, storage, and offloading (FPSO) units and a minority investment in Tanker Investments Ltd. The company was founded by Jens Torben Karlshoej in 1973 and is headquartered in Hamilton, Bermuda.