Symbols

TK

Teekay·NYSE

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TK Profile

Teekay Corporation Ltd.

A leading provider of international crude oil and other marine transportation services

Industry

Sea transport

Established Date

Listing Date

07/20/1995

Exchange

New York Stock Exchange

Full-time Employees

2,130

Fiscal Year Ends

12-31

Website

www.teekay.com

Security Type

Common stock

Office address

2nd Floor, Swan Building, 26 Victoria Street, Hamilton, HM 12, Bermuda

Business

Introduction

Teekay Corporation Ltd., was incorporated in Bermuda in 1973. The company is a leading provider of international crude oil and marine transportation services, primarily through its holding Teekay Tankers Ltd. Teekay Tankers Ltd., is a recognized owner and operator of medium-sized crude oil and product tankers. Founded in 2007, Teekay Tankers owns all of the company's crude oil and product tanker assets, mainly including Suez and Aframax/LR2 tankers. The company is engaged in short- to medium-term fixed rate charters and spot tanker market transactions. In addition, Teekay Tankers owns a Very Large Crude Carrier (VLCC), which is currently under contract for sale. The company also operates a ship-to-ship transshipment business, providing a full range of barge services in the U.S. Gulf of Mexico and the Caribbean. In addition, the company provides offshore services in Australia for operations and maintenance for the Australian government, energy companies and other third parties.