Teekay Corporation accepted the Marine Money award for 2011 Dealmaker of the Year at the recent Marine Money Conference in New York City.
“We have raised over $2.4 billion since the start of 2011, which is part of the company’s long-term plan to grow the value of our businesses as a diversified marine energy company,” commented Peter Evensen, Teekay’s President and Chief Executive Officer.
· Teekay Corporation
· Teekay LNG Partners L.P.
· Teekay Offshore Partners L.P.
· Teekay Tankers Ltd.
Marine Money Editor in Chief, George Weltman, credits Teekay’s success “to its creative corporate structure which has earned it a lower cost and broader sources of capital giving it a competitive advantage. Add the brand and anything is possible. ”
Teekay LNG Partners L.P. generates stable cash flows from long-term fixed-rate contracts with strong counterparties. LNG demand is expected to grow by 50% by 2030
Teekay Offshore Partners L.P. generates stable cash flows from fixed-rate contracts and is the world’s largest owner and operator of shuttle contracts
Teekay Tankers Ltd. has a balanced chartering strategy of fixed-rate and spot market contracts that can pay a dividend in virtually any spot tanker market
Teekay Corporation is financially strong with a unique business platform and leading positions in promising midstream marine growth sectors
Tel: +1 (604) 844 6631