In 2004 Teekay owned zero gas vessels. A decade later, we have ownership interests in 80+ vessels, with one of the world’s largest Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) fleets.
LNG STS
Teekay is a world-class leader in LNG and LPG transfer solutions offering services in the areas of ship-to-ship, ship-to-shore and shore-to-ship transfers as well as project consultancy.
LNG STS
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Together we are one tanker team.
LNG vessels are highly sophisticated, and require only the best, most experienced crews to manage them.
In 2014, Teekay opened a state-of-the-art navigation and cargo operations simulator training centre in Glasgow to ensure we have a pipeline of talent for many years to come.
Teekay LNG Partners’ largest project to date! TGP in partnership with its new joint venture, China LNG Shipping, will provide six LNG carrier newbuidings for the Yamal LNG project in Northern Russia. The six 172,000 cubic meter ARC7 LNG carrier newbuildings represent a $2.1 billion investment and are expected to produce 16.5 million metric tons of LNG annually.
Teekay is the first ship owner to order an M-type, Electronically Controlled, Gas Injection (MEGI) propelled LNG carrier – one of the most environmentally friendly technologies available! The overall design of the MEGI engine allows for low operating costs, reducing fuel consumption by 30%. The vessels are among the largest LNG carriers that will be able to transit the Panama Canal after its expansion is complete.
