Search results for: Teekay LNG

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  • 14 September 2018

    Teekay LNG Partners, one of the world’s largest independent owners of liquefied natural gas carriers, said on Thursday it had made changes to its board of directors. The announcement was made following changes to the board of Teekay GP, the general partner of Teekay LNG. Kenneth Hvid, Teekay Corporation’s President and CEO, has been reappointed as […]

  • 25 October 2010

    Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership, has declared a cash distribution of $0.60 per unit for the quarter ended September 30, 2010. The cash distribution is payable on November 12, 2010 to all unitholders of record on November 5, 2010. About Teekay LNG Partners L.P. […]

  • 22 July 2011

    Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG) , has declared a cash distribution of $0.63 per unit for the quarter ended June 30, 2011. The cash distribution is payable on August 12, 2011 to all unitholders of record on August 5, 2011. About Teekay LNG Partners L.P. Teekay LNG […]

  • 4 August 2016
    Vessels

    Teekay’s second LNG carrier to be equipped with dual fuel MEGI engines has commenced its five-year charter with US-based LNG export player Cheniere. The M-type, electronically controlled, gas injection (MEGI)-powered LNG tanker named Oak Spirit started the fee-based charter with Cheniere on August 1, Teekay LNG Partners said in its second-quarter results report on Thursday. “The […]

  • 21 April 2011

      Teekay GP LLC, the general partner of Teekay LNG Partners L.P., has declared a cash distribution of $0.63 per unit for the quarter ended March 31, 2011. The cash distribution is payable on May 13, 2011 to all unitholders of record on May 6, 2011. About Teekay LNG Partners L.P. Teekay LNG Partners L.P. […]

  • 20 March 2008

    Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership), today announced that Teekay LNG has agreed to acquire two 1993-built, 88,000 cubic meter specialized LNG vessels, the Arctic Spirit and the Polar Spirit, from Teekay Corporation (Teekay) for a total cost of $230 million. Teekay LNG expects to […]

  • 27 January 2011

    Teekay GP LLC, the general partner of Teekay LNG Partners L.P., has declared a cash distribution of $0.63 per unit for the quarter ended December 31, 2010, an increase of $0.03 per unit, or 5.0 percent, from the previous quarter. “The Partnership’s growing portfolio of long-term, fixed-rate charters continues to provide a stable and increasing […]

  • 13 February 2011

      Teekay LNG Partners plans to release its financial results for the fourth quarter and fiscal year 2010 before market open on Thursday, February 24, 2011. The Partnership also plans to host a conference call on Friday, February 25, 2010 at 11:00 a.m. (ET) to discuss the results for the fourth quarter and fiscal year […]

  • 11 July 2017

    The US-based private investment firm, Neuberger Berman Group lowered its stake in Teekay LNG Partners, one of the world’s largest operators of liquefied natural gas tankers. According to a recent filing with the Securities and Exchange Commission (SEC), Neuberger Berman reported holding about 2.2 million shares in Teekay LNG or 2.76 percent of the LNG shipping company. […]

  • 15 November 2018
    Business & Finance

    Teekay LNG Partners plans to amend its US tax status to be treated as a corporation instead of a partnership.

  • 24 February 2015
    Vessels

    Teekay LNG said it has recently entered into a deal with DSME of South Korea for the construction of one additional 173,400 cbm MEGI LNG tanker. The contract is worth about $220 million, with options to order up to four additional vessels. Teekay LNG said the company intends to secure long-term contract employment for the […]

  • 28 October 2016

    Teekay Corporation said its president and CEO, Peter Evensen, plans to retire at the end of January 2017, following over 13 years of service.

  • 12 March 2014

    Teekay LNG Partners said that Beverlee F. Park will join Teekay LNG’s Board of Directors and to Chair its Audit Committee. Park replaces Robert E. Boyd who retired from the Teekay LNG Board after serving as a Director and Chair of its Audit Committee since 2005. Park has management and board experience in a variety […]

  • 24 February 2015
    Vessels

    Teekay LNG said it has recently entered into a deal with DSME of South Korea for the construction of one additional 173,400 cbm MEGI LNG tanker. The contract is worth about $220 million, with options to order up to four additional vessels. Teekay LNG said the company intends to secure long-term contract employment for the […]

  • 5 August 2013

    Teekay LNG Partners L.P. (Teekay LNG) has agreed to acquire a 155,900 cubic meter (cbm) liquefied natural gas (LNG) carrier newbuilding from Awilco LNG ASA (Awilco), a Norwegian-based owner and operator of LNG carriers. The vessel, which is currently under construction by Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) of South Korea, is expected […]

  • 5 August 2013
    Business & Finance

    Teekay LNG Partners L.P. today announced that it has agreed to acquire a 155,900 cubic meter (cbm) liquefied natural gas (LNG) carrier newbuilding from Awilco LNG ASA (Awilco), a Norwegian-based owner and operator of LNG carriers. The vessel, which is currently under construction by Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) of South Korea, […]

  • 24 April 2019
    Business & Finance

    Teekay LNG agreed a charter deal for Magellan Spirit; declared a 36% rise in common unit distribution.

  • 10 June 2015

    Teekay LNG Partners informed it has made changes to Teekay LNG’s Board of Directors.

  • 20 December 2018

    Teekay has approved a repurchase program to buy back $100 million of Teekay LNG common units in the open market or privately-negotiated transactions.

  • 14 January 2015
    Vessels

    Teekay’s LNG carrier Magellan Spirit could be refloated soon as Excelerate Energy’s LNG carrier Excellence is on its way to take onboard a portion of the grounded vessels cargo.

  • 5 September 2012

    Teekay LNG Partners announced that it plans to offer 4,600,000 common units, which represent limited partner interests, in a public offering. Teekay LNG expects to grant the underwriters a 30-day option to purchase up to an additional 690,000 common units. The Partnership intends to use the net offering proceeds for general Partnership purposes, which may […]

  • 3 November 2016

    Bermuda-based Teekay LNG Partners, one of the world’s largest owners and operators of LNG carriers, said its adjusted net income for the third quarter 2016 reached US$32.1 million.