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Teekay Corporation · Nassau Bahamas ·(NYSE: TK)

Company Description

Bayside House, Bayside Executive Park West Bay Street & Blake Road
Nassau
Bahamas (Map)
Phone: +1-242-502-8820
Fax: +1-242-502-8840
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    Life at sea is A-OK with Teekay. An oceangoing transporter of crude oil and petroleum products, Teekay operates a fleet of about 165 vessels. About half of the company's sales come from chartering tankers on the spot market; it also provides vessels under longer-term contracts. In addition, Teekay is a leading operator of shuttle tankers, which move oil from offshore platforms to refineries, and floating production, storage, and offloading (FPSO) vessels. It also maintains a fleet of liquefied natural gas (LNG) carriers. Customers include major oil companies, oil traders, and government agencies. To read the full description, subscribe now.
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    Key Teekay Corporation Financials

    Company TypePublic - NYSE: TK

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$3,193.7
    2008 Employees6,800

    Teekay Corporation Executives

    27 executives listed for Teekay Corporation's Nassau,  location.
    TitleName & BioContact
    ChairC. Sean DayNetwork
    Chair EmeritusAxel KarlshoejNetwork
    President, CEO, and Director; Vice Chair, Teekay GPBjorn MollerNetwork

    Competition

    Competitive Landscape for Teekay Corporation
    Demand is driven primarily by the level of agricultural exports, petroleum refining, coal usage, and chemical shipments. Large companies have advantages in handling a broad range of cargo types, along with economies of scale in purchasing and marketing. Small companies compete by specializing in particular cargo types or services, subcontracting to larger companies, and offering responsive customer service. Average annual revenue per employee is about $200,000 for small companies and over $300,000 for large companies. Inland barge companies compete with other methods for transporting bulk materials and liquids, including trucks, railroads, and pipelines. To read the full description, subscribe now.
    Top Teekay Corporation Competitors
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