Shipowner Teekay LNG Partners is limbering up to reassess its existing and future fleet with the cash it expects to receive on the closing of its $6.2bn sale to infrastructure investment firm Stonepeak.
In the company's third-quarter results statement, Teekay Gas Group president and chief executive Mark Kremin said Teekay LNG will have greater access to competitively priced capital under the new structure, which could be used "for both fleet renewal and potential future growth".