Morgan Stanley: Teekay's financial balance is strained

Canadian tanker and oil conglomerate Teekay's liquidity is under pressure as problems in the group's offshore company could impact the group overall, notes Morgan Stanley in a harsh review of Teekay's finances.

by OLE ANDERSEN

In a new update from Morgan Stanley, Canadian shipping group Teekay Corporation is subjected to a somewhat harsh review of the listed group's current financial state.

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