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Teekay Corporation
Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage & production companies.
Teekay Corporation
Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage & production companies.
General information
Firm type
other
Year founded
1973
Location
Region
North America
Country
Bermuda
City
Hamilton
Corporate office
Hamilton, Bermuda
Additional offices
Australia · Brazil · Canada · China · India · Korea · Netherlands · Norway · Philippines · Singapore · Spain · United Kingdom · United States
Sector focus
Frequently asked questions
How does Teekay generate revenue?
Teekay earns revenue through time charters, spot market voyages, and service fees for ship management, project management, and terminal operations. Its fleet of crude and product tankers serves oil majors, refineries, and trading firms. The company also provides marine logistics services including ship-to-ship transfers, dry-docking, and towage.
Is Teekay a family office or an investment firm?
Teekay Corporation is a publicly traded marine energy transportation company, not a family office or asset manager. It is listed on the New York Stock Exchange under the ticker TK. However, certain Teekay shareholders and family trusts may operate separate wealth management vehicles not publicly detailed.
What geographic regions does Teekay operate in?
Teekay operates globally with offices in Australia, Brazil, Canada, China, India, Korea, the Netherlands, Norway, the Philippines, Singapore, Spain, the United Kingdom, and the United States. Its vessels trade across the Atlantic, Pacific, and Indian Oceans, serving major energy hubs.
What types of vessels does Teekay manage?
Teekay's fleet includes crude tankers, LR2 product tankers, and mid-sized vessels. It also manages specialized units for offshore production and storage through its legacy LNG and FPSO divisions (now separated). The company provides ship management services for third-party owners as well.
Does Teekay have sustainability or environmental targets?
Teekay publicly reports on safety and sustainability, with a stated commitment to reducing its environmental footprint (per company website, 2025). The firm tracks emissions across its fleet, implements energy-efficiency measures, and publishes annual sustainability reports.
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