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Teekay LNG’s fleet is made up of liquefied natural gas (LNG) carriers, liquefied petroleum gas (LPG) carriers and some conventional tankers.
For current vessel numbers, visit our Fleet Summary.
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Liquefied natural gas (LNG) carriers are specialized ships that carry super-cooled liquefied natural gas.
Learn more at LNG Shipping 101.
A liquefied petroleum gas (LPG) carriers are ships that carry refined petroleum products such as butane, propane, propylene and ethylene.
A floating storage and regasification unit (FSRU) is a floating platform or vessel equipped with processing apparatus that is capable of converting liquefied natural gas (LNG) into its gaseous form where it is typically transferred to an onshore natural gas pipeline system.
Teekay LNG’s fleet includes several conventional tankers which have similar contract profiles to the Partnership's LNG and LPG carriers; contracts that are in excess of 10 years with stable counter parties generate stable cash flows.
View the Gas Value Chain.
By liquefying the natural gas, its volume is reduced by over 600 times, which allows vessels to carry much greater volumes and enables the transportation of natural gas on board ocean going vessels to be economically viable.
Teekay LNG is focused on long-term fixed-rate contracts, which are typically 10-25 years in duration, which provide the Partnership with stable and predictable cash flows.
Why InvestLearn about Teekay LNG Partners' investment highlights, growth opportunities and business strategy.
Tax Information Access Teekay LNG K-1s online, learn about distribution timing and how to reach the K-1 Helpline.
Our Fleet at WorkUse our interactive map to see our LNGs, LPGs and conventional oil tanker fleet at work around the world.