Canada's Teekay profits from growing LNG demand

Teekay Corporation recorded growth in the first quarter, despite a continued weak tanker market. Rising demand for LNG plays an important role in the progress.

Photo: Teekay Corporation / PR

Canadian tanker group Teekay Corporation made progress in the first quarter of the year, despite a continued weak tanker market.

The company lands a net profit of USD 30 million from a quarterly revenue of USD 359 million, according to the interim report.

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