Teekay LNG market boost

Written by  John McKay
Friday, 10 August 2012
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Aug 10 (LNGJ) - Teekay, operator of 27 LNG carriers, posted a healthy increase in income during the second quarter, primarily as a result of the contribution from the six Maersk LNG carriers acquired in the first quarter of 2012 through its joint venture with Marubeni of Japan. Teekay said the LNG shipping market continued to exhibit strong fundamentals and that it was still in the market to buy more carriers.

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