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TGP
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Teekay LNG Preferred Units: Navigating the Risks of Indefinite Duration and Subordinate Status
TipRanks · 6d ago
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About TGP
Teekay LNG Partners L.P. is an international provider of marine transportation services for liquefied natural gas (LNG), liquefied petroleum gas (LPG) and crude oil. The Company is focused on servicing its customers through its fleet of LNG and LPG carriers under medium to long-term, fixed-rate charters. Its segments include liquefied gas segment and conventional tanker segment. The liquefied gas segment consists of LNG carriers, LPG carriers and multigas carriers, which can carry both LNG and LPG. The conventional tanker segment consists of approximately seven Suezmax-class crude oil tankers and a Handymax product tanker. Its vessels primarily operate under long-term, fixed-rate charters with energy and utility companies, and Teekay Corporation.