Teekay Corporation
Fleet List as of end Jul, 2007
Teekay Offshore Partners Fleet List
Fixed-Rate Shuttle Tankers - owned Percent Ownership DWT Year Built Flag
Nordic Savonita 100% 108,153 1992 NIS
Navion Torinita 100% 106,852 1992 Bahamian
Basker Spirit 100% 97,068 1992 Bahamian
Navion Fennia 100% 95,195 1992 Bahamian
Navion Clipper 100% 78,228 1993 Bahamian
Navion Norvegia 100% 130,596 1995 Norwegian
Navion Europa 100% 130,319 1995 Norwegian
Navion Svenita 100% 106,506 1997 Bahamian
Stena Alexita** 50% 126,955 1998 Norwegian
Navion Scandia 100% 126,749 1998 Norwegian
Navion Britannia 100% 124,238 1998 Norwegian
Stena Sirita** 50% 126,873 1999 Norwegian
Navion Hispania 100% 126,183 1999 Norwegian
Navion Anglia 100% 126,360 1999 Norwegian
Navion Oceania 100% 126,355 1999 Norwegian
Nordic Marita 100% 103,895 1999 Bahamian
Navion Bergen 100% 105,641 2000 NIS
Nordic Spirit 100% 151,294 2001 Bahamian
Stena Spirit** 50% 151,293 2001 Bahamian
Stena Natalita** 50% 108,073 2001 Bahamian
Petronordic 100% 92,995 2002 Bahamian
Navion Stavanger 100% 148,729 2003 Bahamian
Petroatlantic 100% 92,968 2003 Bahamian
Nordic Rio** 50% 151,294 2004 Bahamian
Nordic Brasilia 100% 151,294 2004 Bahamian
Navion Gothenburg 100% 152,244 2006 NIS
(** 50% owned through joint venture)
Subtotal 26
Fixed-Rate Shuttle Tankers - in-chartered Percent Ownership DWT Year Built Flag
Tove Knutsen * 105,295 1989 Norwegian
Navion Akarita * 107,223 1991 Bahamian
Tordis Knutsen * 123,848 1993 Norwegian
Vigdis Knutsen * 123,423 1993 Norwegian
Randgrid * 124,502 1995 Norwegian
Gerd Knutsen * 146,273 1996 Isle of Man
Aberdeen * 87,055 1996 Bahamian
Elisabeth Knutsen * 124,768 1997 Norwegian
Sallie Knutsen * 153,617 1999 Isle of Man
Karen Knutsen * 153,617 1999 Isle of Man
Bertora * 100,257 2001 Bahamian
Grena * 148,553 2003 Bahamian
Subtotal 12
Conventional Tankers - owned Percent Ownership DWT Year Built Flag
Leyte Spirit 100% 98,744 1992 Bahamian
Luzon Spirit 100% 98,629 1992 Bahamian
Scotia Spirit 100% 95,029 1992 NIS
Torben Spirit 100% 98,622 1994 Bahamian
Poul Spirit 100% 105,351 1995 Bahamian
Gotland Spirit 100% 95,371 1995 Bahamian
Hamane Spirit 100% 105,203 1997 Bahamian
Fuji Spirit 100% 106,360 2003 Bahamian
Killamanjaro Spirit 100% 115,048 2004 Bahamian
Subtotal 9
Fixed-Rate Floating Storage Offtake Vessels - owned Percent Ownership DWT Year Built Flag
Apollo Spirit 89% 129,019 1978 Liberian
Karratha Spirit 100% 106,672 1988 Australian
Pattani Spirit 100% 113,805 1988 Bahamian
Navion Saga 100% 149,000 1991 Bahamian
Subtotal 4
Teekay Offshore Partners Fleet List Number of Vessels
Chartered-in
Owned Vessels Vessels Newbuildings on Order Total
Shuttle Tanker segment 26 12 - 38
Conventional Tanker Segment 9 - - 9
Floating Storage & Offtake ("FSO") Vessels 4 - - 4
Total 39 12 - 51
Teekay Gas Partners
Fixed Rate LNG Carriers Percent Ownership DWT Year Built Flag
Hispania Spirit 100% 79,363 2002 Spanish
Catalunya Spirit 100% 79,363 2003 Spanish
Galicia Spirit 100% 79,364 2004 Spanish
Madrid Spirit 100% 79,363 2004 Spanish
Al Marrouna 70% 78,520 2006 Bahamian
Al Areesh 70% 78,520 2007 Bahamian
Al Daayen 70% 78,520 2007 Bahamian
7
Fixed Rate LNG Carrier Newbuildings Percent Ownership DWT Year Built Flag
Rasgas III LNG - Al Huwaila 40% 112,000 2008
Rasgas III LNG - Al Kharsaah 40% 112,000 2008
Rasgas III LNG - Al Shamal 40% 112,000 2008
Rasgas III LNG - Al Khuwair 40% 112,000 2008
BP Tanggug LNG-01 Hull HHI 1780 70% 81,000 2008
BP Tanggug LNG-02 Hull HSHI S293 70% 81,000 2009
Subtotal 6
LPG Carrier - owned Percent Ownership DWT Year Built Flag
Dania Spirit 100% 8,669 2000 NIS
Subtotal 1 2000
LPG Tanker Newbuildings Percent Ownership DWT Year Built Flag
WZL 0501 100% 8,200 2008
WZL 0502 100% 8,200 2008
WZL 0503 100% 8,200 2009
Subtotal 3
Fixed-rate Conventional Tankers - owned Percent Ownership DWT Year Built Flag
Algeciras Spirit 100% 149,999 2000 Spanish
Tenerife Spirit 100% 149,999 2000 Spanish
Huelva Spirit 100% 149,999 2001 Spanish
African Spirit 100% 151,736 2003 Bahamian
European Spirit 100% 151,849 2003 Bahamian
Teide Spirit 100% 149,999 2004 Spanish
Asian Spirit 100% 151,693 2004 Bahamian
Toledo Spirit 100% 159,342 2005 Spanish
Subtotal 8
Teekay LNG Partners Number of Vessels
Committed
Delivered Vessels Vessels Total
LNG Fleet 7 6 13
LPG Fleet 1 3 4
Suezmax Fleet 8 - 8
Total 16 9 25
Teekay Shipping Parent Company
Suezmax Tanker Newbuildings Percent Ownership DWT Year Built Flag
BH 508-4 Suezmax 100% 159,000 2008
BH 508-5 - Suezmax 100% 159,000 2008
SH 1680 -Suezmax 100% 159,000 2008
SH 1681 -Suezmax 100% 159,000 2008
BH 508-6 Suezmax 100% 159,000 2009
BH 508-7 - Suezmax 100% 159,000 2009
SH 1717 - Suezmax 100% 159,000 2009
SH 1718 - Suezmax 100% 159,000 2009
S363 S - Suezmax 100% 159,000 2009
S364 S - Suezmax 100% 159,000 2009
Subtotal 10
Aframax Tankers - owned Percent Ownership DWT Year Built Flag
Mayon Spirit 100% 98,507 1992 Bahamian
Orkney Spirit 100% 106,266 1993 Bahamian
Falster Spirit 100% 95,416 1995 Bahamian
Sotra Spirit 100% 95,420 1995 Bahamian
Nassau Spirit 100% 107,181 1998 Bahamian
Kareela Spirit 100% 113,144 1999 Bahamian
Everest Spirit 100% 115,048 2004 Bahamian
Esther Spirit 100% 115,444 2004 Bahamian
Axel Spirit 100% 115,392 2004 Bahamian
Erik Spirit 100% 115,526 2005 Bahamian
Matterhorn Spirit 100% 114,834 2005 Bahamian
Subtotal 11
Suezmax Tankers - Owned Percent Ownership DWT Year Built Flag
Dakota 100% 159,435 2002 Marshall Islands
Delaware 100% 159,453 2002 Marshall Islands
Adair 100% 159,199 2003 Marshall Islands
Arlene 100% 165,209 2003 Marshall Islands
Ingeborg 100% 165,209 2003 Marshall Islands
Janet 100% 149,985 2004 Marshall Islands
Angelica 100% 159,106 2004 Marshall Islands
Subtotal 7
Suezmax Tankers - In Chartered Percent Ownership DWT Year Built Flag
Borga * 123,665 1992 NIS
Hellespont Trooper * 148,000 1996 Marshall Islands
Oliver Jacob * 157,327 1999 Liberia
Max Jacob * 157,327 2000 Liberia
Cape Bantry * 159,999 2000 Marshall Islands
HS Alcina * 160,183 2001 Liberia
Voyager * 149,991 2002 Marshall Islands
Astra * 149,995 2002 Marshall Islands
SCF Khibiny * 159,196 2002 Liberia
Cape Bonny * 159,062 2005 Marshall Islands
Cape Bastia * 159062 2005 Marshall Islands
Subtotal 11
Large Product Tankers - owned Percent Ownership DWT Year Built Flag
Shetland Spirit 100% 106,236 1994 Bahamian
Kanata Spirit 100% 113,022 1999 Bahamian
Rainier Spirit 100% 114,880 2005 Bahamian
Donegal Spirit 100% 105,200 2006 Bahamian
Galway Spirit 100% 105,200 2007 Bahamian
Limerick Spirit 100% 105,200 2007 Bahamian
Cork Spirit 100% 105,200 2007 Bahamian
Subtotal 7 2001.0
Large Product Tankers - in-chartered Percent Ownership DWT Year Built Flag
Shetland Spirit 100% 106,236 1994 Bahamian
Seine 100% 35,407 1999 Marshall Islands
Kanata Spirit 100% 113,022 1999 Bahamian
Guadalupe 100% 47,037 2000 Marshall Islands
Orontes 100% 37,383 2002 Marshall Islands
Jeanette 100% 46,921 2004 Marshall Islands
Brazos 100% 46,889 2005 Marshall Islands
Lauren 100% 46,955 2005 Marshall Islands
Rainier Spirit 100% 114,880 2005 Bahamian
Rhine 100% 36,993 2006 Marshall Islands
Donegal Spirit 100% 105,200 2006 Bahamian
Galway Spirit 100% 105,200 2007 Bahamian
Limerick Spirit 100% 105,200 2007 Bahamian
Cork Spirit 100% 105,200 2007 Bahamian
Alam Budi * 47,065 2001 Malaysian
Stavanger Prince * 109,390 2002 NIS
Stavanger Eagle * 45,898 2004 Panamanian
Horizon * 46,955 2004 Marshall Islands
Teatralny Bridge * 46,697 2006 Liberia
Platte * 46,955 2006 Marshall Islands
Subtotal 20
Spot Conventional Tankers Newbuildings Percent Ownership DWT Year Built Flag
1 x Handysize NB 100% 37,000 2009
Subtotal 1
Aframax - in-chartered Percent Ownership DWT Year Built Flag
Sebarok Spirit * 95,649 1993 Bahamian
Senang Spirit * 95,649 1994 Bahamian
Bahamas Spirit * 107,261 1998 Bahamian
Forward Bridge * 105,162 1998 Panamanian
Kiowa Spirit * 113,395 1999 Bahamian
Black Sea * 104,943 1999 Singapore
Petrodvorets * 105,692 1999 Liberian
Aral Sea * 104,848 1999 Singapore
SC Laura (Coated unit trading in dirty mode) * 109325 2001 Bahamian
Mare Salernum * 110,673 2003 Italy
Stavanger Viking * 105,400 2004 Panamanian
Mare Tirennum * 110,636 2004 Italy
Asian Jade * 99,999 2005 Panamanian
Umlma * 106,094 2006 Qatar
Subtotal 14
Small Product Tankers - in-chartered Percent Ownership DWT Year Built Flag
Bregen * 13,941 1994 NIS
Sten Odin * 13,781 1998 NIS
Sten Embla * 13,781 1999 NIS
Sten Tor * 13,863 1999 NIS
Stenstraum * 13,610 2001 Gibraltar
Sten Idun * 16,613 2002 Gibraltar
Stenberg * 16,626 2003 Gibraltar
Stenheim * 16,614 2003 Gibraltar
Falcon * 13,610 2004 Gibraltar
Sten Moster * 16,607 2006 Gibraltar
Subtotal 10
Fixed-Rate Shuttle Tankers - owned Percent Ownership DWT Year Built Flag
Rita Knutsen 65% 124,472 1986 Norwegian
Subtotal 1
Shuttle Tanker Newbuildings Percent Ownership DWT Year Built Flag
Aframax Shuttle - Hull 1749 100% 106,000 2010
Aframax Shuttle - Hull 1750 100% 106,000 2010
Aframax Shuttle - no.3 100% 106,000 2011
Aframax Shuttle - no. 4 100% 106,000 2011
Subtotal 4
Fixed-rate Conventional Tankers - owned Percent Ownership DWT Year Built Flag
Barrington 100% 33,239 1989 Australian
Palmerston 100% 42,956 1990 Australian
Samar Spirit 100% 98,640 1992 Bahamian
Kyeema Spirit 100% 113,357 1999 Bahamian
Americas Spirit 100% 111,920 2003 Bahamian
Australian Spirit 100% 111,905 2004 Bahamian
Helga Spirit 100% 115,515 2005 Bahamian
Subtotal 7
Fixed Rate Conventional Tanker - in chartered Percent Ownership DWT Year Built Flag
VLCC
Venture Spirit * 298,287 2003 Hong Kong
Aframax
Koa Spirit * 113,333 1999 Bahamian
Subtotal 2
Fixed Rate Conventional Tanker Newbuildings Percent Ownership DWT Year Built Flag
Aframax - Hull 1328 - Skaugen Petrotrans 50% 106,000 2008 Bahamian
Aframax - Hull 1329 - Skaugen Petrotrans 50% 106,000 2008 Bahamian
Subtotal 2
Fixed-Rate Floating Storage Offtake Vessels - owned Percent Ownership DWT Year Built Flag
Dampier Spirit 100% 106,668 1987 Bahamian
Subtotal 1
Processing Cap.
Fixed-Rate Floating Production Storage Offtake Vessels - owned Percent Ownership (bbl/day) Year Built Flag
Petrojarl I 65% 46,000 1986
Petrojarl Foinaven 65% 140,000 1998
Petrojarl Varg 65% 57,000 1998
Petrojarl Banff 65% 95,000 1998
Subtotal 4
Offshore Units - Under Conversion Percent Ownership DWT Year Built Flag
Che Guevara (Siri FPSO) 100% 45,576 1981 Russia
Subtotal 1
Teekay Parent Number of Vessels
Chartered-in Newbuildings /
Owned Vessels Vessels Conversions Total
Spot Tanker Fleet:
Suezmaxes 7 11 10 28
Aframaxes 11 14 25
Large Product Tankers 14 6 1 21
Small Product Tankers 10 10
Total Spot Tanker Segment 32 41 11 84
Fixed-rate Tanker Segment
Shuttle Tankers 1 4 5
Conventional Tankers 7 2 2 11
Floating Storage & Offtake ("FSO") Vessels 1 1
Floating Production Storage & Offtake ("FPSO") Vessles 4 1 5
Total Fixed-rate Tanker Segment 13 2 7 22
Total 45 43 18 106
Teekay Corporation
Fleet List as of end Jul 2007
Suezmax Tanker Newbuildings Series/Yard Hull Type Percent Ownership DWT Year Built Flag
BH 508-4 Suezmax Bohai Double Hull 100% 159,000 2008
BH 508-5 - Suezmax Bohai Double Hull 100% 159,000 2008
BH 508-6 Suezmax Bohai Double Hull 100% 159,000 2009
BH 508-7 - Suezmax Bohai Double Hull 100% 159,000 2009
SH 1680 -Suezmax Samsung Double Hull 100% 159,000 2008
SH 1681 -Suezmax Samsung Double Hull 100% 159,000 2008
SH 1717 - Suezmax Samsung Double Hull 100% 159,000 2009
SH 1718 - Suezmax Samsung Double Hull 100% 159,000 2009
S363 S - Suezmax Hyundai Double Hull 100% 159,000 2009
S364 S - Suezmax Hyundai Double Hull 100% 159,000 2009
Subtotal 10
Aframax Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Scotia Spirit Sanoyas Double Hull 100% 95,029 1992 NIS
Mayon Spirit Onomichi Double Hull 100% 98,507 1992 Bahamian
Luzon Spirit Onomichi Double Hull 100% 98,629 1992 Bahamian
Leyte Spirit Onomichi Double Hull 100% 98,744 1992 Bahamian
Orkney Spirit Mitsui Double Hull 100% 106,266 1993 Bahamian
Torben Spirit Onomichi Double Hull 100% 98,622 1994 Bahamian
Gotland Spirit Hyundai Double Hull 100% 95,371 1995 Bahamian
Falster Spirit Hyundai Double Hull 100% 95,416 1995 Bahamian
Sotra Spirit Hyundai Double Hull 100% 95,420 1995 Bahamian
Poul Spirit Onomichi Double Hull 100% 105,351 1995 Bahamian
Hamane Spirit Onomichi Double Hull 100% 105,203 1997 Bahamian
Nassau Spirit Imabari Double Hull 100% 107,181 1998 Bahamian
Kareela Spirit Samsung Double Hull 100% 113,144 1999 Bahamian
Fuji Spirit Tsuneishi Double Hull 100% 106,360 2003 Bahamian
Everest Spirit Daewoo Double Hull 100% 115,048 2004 Bahamian
Killamanjaro Spirit Daewoo Double Hull 100% 115,048 2004 Bahamian
Axel Spirit Samsung Double Hull 100% 115,392 2004 Bahamian
Esther Spirit Samsung Double Hull 100% 115,444 2004 Bahamian
Matterhorn Spirit Daewoo (Ice Class) Double Hull 100% 114,834 2005 Bahamian
Erik Spirit Samsung Double Hull 100% 115,526 2005 Bahamian
Subtotal 20
Suezmax - Owned Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Janet Hyundai Double Hull 100% 149,985 2004 Marshall Islands
Angelica Hyundai Double Hull 100% 159,106 2004 Marshall Islands
Adair Hyundai Double Hull 100% 159,199 2003 Marshall Islands
Dakota Hyundai Double Hull 100% 159,435 2002 Marshall Islands
Delaware Hyundai Double Hull 100% 159,453 2002 Marshall Islands
Arlene Hyundai Double Hull 100% 165,209 2003 Marshall Islands
Ingeborg Hyundai Double Hull 100% 165,209 2003 Marshall Islands
Subtotal 7
Suezmax - In Chartered Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Hellespont Trooper Samsung Double Hull * 148,000 1996 Marshall Islands
Voyager Sasebo Double Hull * 149,991 2002 Marshall Islands
Astra Sasebo Double Hull * 149,995 2002 Marshall Islands
Max Jacob Daewoo Double Hull * 157,327 2000 Liberia
Oliver Jacob Daewoo Double Hull * 157,327 1999 Liberia
Cape Bonny Hyundai Double Hull * 159,062 2005 Marshall Islands
Cape Bastia Hyundai Double Hull * 159062 2005 Marshall Islands
SCF Khibiny Hyundai Double Hull * 159,196 2002 Liberia
Cape Bantry Hyundai Double Hull * 159,999 2000 Marshall Islands
HS Alcina Daewoo Double Hull * 160,183 2001 Liberia
Subtotal 10
Large Product Tankers Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Seine Daedong Double Hull 100% 35,407 1999 Marshall Islands
Rhine Hyundai Double Hull 100% 36,993 2006 Marshall Islands
Orontes Hyundai Double Hull 100% 37,383 2002 Marshall Islands
Brazos Hyundai Double Hull 100% 46,889 2005 Marshall Islands
Jeanette Hyundai Double Hull 100% 46,921 2004 Marshall Islands
Lauren Hyundai Double Hull 100% 46,955 2005 Marshall Islands
Guadalupe Onomichi Double Hull 100% 47,037 2000 Marshall Islands
Donegal Spirit Hyundai Double Hull 100% 105,200 2006 Bahamian
Galway Spirit Hyundai Double Hull 100% 105,200 2007 Bahamian
Limerick Spirit Hyundai Double Hull 100% 105,200 2007 Bahamian
Cork Spirit Hyundai Double Hull 100% 105,200 2007 Bahamian
Shetland Spirit Mitsui Double Hull 100% 106,236 1994 Bahamian
Kanata Spirit Samsung Double Hull 100% 113,022 1999 Bahamian
Rainier Spirit Daewoo Double Hull 100% 114,880 2005 Bahamian
Stavanger Eagle Shin Kurushima Double Hull * 45,898 2004 Panamanian
Teatralny Bridge Admiralty S.Y. Double Hull * 46,697 2006 Liberia
Horizon Hyundai Mipo Double Hull * 46,955 2004 Marshall Islands
Platte Hyundai Mipo Double Hull * 46,955 2006 Marshall Islands
Alam Budi Onomichi Double Hull * 47,065 2001 Malaysian
Stavanger Prince Dalian New Yard Double Hull * 109,390 2002 NIS
Subtotal 20
Spot Conventional Tankers Newbuildings Series/Yard Hull Type Percent Ownership DWT Year Built Flag
1 x Handysize NB Hyundai (Ice Class) Double Hull 100% 37,000 2009
Subtotal 1
Aframax - In Chartered Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Sebarok Spirit Imabari Double Hull * 95,649 1993 Bahamian
Senang Spirit Imabari Double Hull * 95,649 1994 Bahamian
Forward Bridge Samsung Double Hull * 105,162 1998 Panamanian
Bahamas Spirit Imabari Double Hull * 107,261 1998 Bahamian
Aral Sea Samsung Double Hull * 104,848 1999 Singapore
Black Sea Samsung Double Hull * 104,943 1999 Singapore
Petrodvorets Daewoo S.B. Double Hull * 105,692 1999 Liberian
Kiowa Spirit Samsung Double Hull * 113,395 1999 Bahamian
SC Laura (Coated unit trading in dirty mode) Dalian New Double Hull * 109,325 2001 Bahamian
Mare Salernum Mitsui Double Hull * 110,673 2003 Italy
Stavanger Viking Sumitomo H.I. Double Hull * 105,400 2004 Panamanian
Mare Tirennum Mitsui Double Hull * 110,636 2004 Italy
Asian Jade Hyundai Samho Double Hull * 99,999 2005 Panamanian
Umlma Hyundai Samho Double Hull * 106,094 2006 Qatar
Subtotal 14
Small Product Tankers Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Bregen Zaliv Double Hull * 13,941 1994 NIS
Sten Odin Jiangnan S/Yard Double Hull * 13,781 1998 NIS
Sten Embla Jiangnan S/Yard Double Hull * 13,781 1999 NIS
Sten Tor Jiangnan S/Yard Double Hull * 13,863 1999 NIS
Stenstraum Jiangnan S/Yard Double Hull * 13,610 2001 Gibraltar
Sten Idun Jiangnan S/Yard Double Hull * 16,613 2002 Gibraltar
Stenberg Jiangnan S/Yard Double Hull * 16,626 2003 Gibraltar
Stenheim Jiangnan S/Yard Double Hull * 16,614 2003 Gibraltar
Falcon Jiangnan S/Yard Double Hull * 13,610 2004 Gibraltar
Sten Moster Jiangnan S/Yard Double Hull * 16,607 2006 Gibraltar
Subtotal 10
Fixed-Rate Shuttle Tankers - owned Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Navion Clipper Mitsui S.B. Double Hull 100% 78,228 1993 Bahamian
Petroatlantic Samsung Double Hull 100% 92,968 2003 Bahamian
Petronordic Samsung Double Hull 100% 92,995 2002 Bahamian
Navion Fennia Kvaerner Masa Double Hull 100% 95,195 1992 Bahamian
Basker Spirit Dalian Double Hull 100% 97,068 1992 Bahamian
Nordic Marita Samsung Double Hull 100% 103,895 1999 Bahamian
Navion Bergen Sumitomo H.I. Double Hull 100% 105,641 2000 NIS
Navion Svenita Imabari Double Hull 100% 106,506 1997 Bahamian
Navion Torinita Tsuneishi Double Hull 100% 106,852 1992 Bahamian
Stena Natalita** Tsuneishi Double Hull 50% 108,073 2001 Bahamian
Nordic Savonita Tsuneishi Double Hull 100% 108,153 1992 NIS
Navion Britannia A.E.S.A. Double Hull 100% 124,238 1998 Norwegian
Rita Knutsen Daewoo Double Hull 65% 124,472 1986 Norwegian
Navion Hispania A.E.S.A. Double Hull 100% 126,183 1999 Norwegian
Navion Oceania A.E.S.A. Double Hull 100% 126,355 1999 Norwegian
Navion Anglia A.E.S.A. Double Hull 100% 126,360 1999 Norwegian
Navion Scandia A.E.S.A. Double Hull 100% 126,749 1998 Norwegian
Stena Sirita** Tsuneishi Double Hull 50% 126,873 1999 Norwegian
Stena Alexita** Tsuneishi Double Hull 50% 126,955 1998 Norwegian
Navion Europa A.E.S.A. Double Hull 100% 130,319 1995 Norwegian
Navion Norvegia A.E.S.A. Double Hull 100% 130,596 1995 Norwegian
Navion Stavanger Samsung Double Hull 100% 148,729 2003 Bahamian
Stena Spirit** Samsung Double Hull 50% 151,293 2001 Bahamian
Nordic Spirit Samsung Double Hull 100% 151,294 2001 Bahamian
Nordic Rio** Samsung Double Hull 50% 151,294 2004 Bahamian
Nordic Brasilia Samsung Double Hull 100% 151,294 2004 Bahamian
Navion Gothenburg Samsung Double Hull 100% 152,244 2006 NIS
(** : 50% owned through joint venture)
Subtotal 27
Fixed-Rate Shuttle Tankers - in-chartered Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Tove Knutsen A.E.S.A. Double Hull * 105,295 1989 Norwegian
Navion Akarita Tsuneishi Double Hull * 107,223 1991 Bahamian
Borga A.E.S.A. Double Bottom * 123,665 1992 NIS
Tordis Knutsen A.E.S.A. Double Hull * 123,848 1993 Norwegian
Vigdis Knutsen A.E.S.A. Double Hull * 123,423 1993 Norwegian
Randgrid Samsung Double Hull * 124,502 1995 Norwegian
Gerd Knutsen H&W Double Hull * 146,273 1996 Isle of Man
Aberdeen A.E.S.A. Double Hull * 87,055 1996 Bahamian
Elisabeth Knutsen A.E.S.A. Double Hull * 124,768 1997 Norwegian
Sallie Knutsen Hyundai Double Hull * 153,617 1999 Isle of Man
Karen Knutsen Hyundai Double Hull * 153,617 1999 Isle of Man
Bertora Samsung Double Hull * 100,257 2001 Bahamian
Grena Samsung Double Hull * 148,553 2003 Bahamian
Subtotal 13
Shuttle Tankers Newbuildings Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Aframax Shuttle - Hull no. 1749 Samsung Double Hull 100% 106,000 2010
Aframax Shuttle - Hull no. 1750 Samsung Double Hull 100% 106,000 2010
Aframax Shuttle - no.3 Samsung Double Hull 100% 106,000 2011
Aframax Shuttle - no. 4 Samsung Double Hull 100% 106,000 2011
Subtotal 4
Fixed-rate Conventional Tankers - owned Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Barrington Samsung Double Hull 100% 33,239 1989 Australian
Palmerston Halla Double Bottom 100% 42,956 1990 Australian
Samar Spirit Onomichi Double Hull 100% 98,640 1992 Bahamian
Australian Spirit Hyundai Double Hull 100% 111,905 2004 Bahamian
Americas Spirit Hyundai Double Hull 100% 111,920 2003 Bahamian
Koa Spirit Samsung Double Hull * 113,333 1999 Bahamian
Kyeema Spirit Samsung Double Hull 100% 113,357 1999 Bahamian
Helga Spirit Samsung Double Hull 100% 115,515 2005 Bahamian
Algeciras Spirit Daewoo Double Hull 100% 149,999 2000 Spanish
Tenerife Spirit Daewoo Double Hull 100% 149,999 2000 Spanish
Huelva Spirit Daewoo Double Hull 100% 149,999 2001 Spanish
Teide Spirit Daewoo Double Hull 100% 149,999 2004 Spanish
Asian Spirit Hyundai Double Hull 100% 151,693 2004 Bahamian
African Spirit Hyundai Double Hull 100% 151,736 2003 Bahamian
European Spirit Hyundai Double Hull 100% 151,849 2003 Bahamian
Toledo Spirit Daewoo Double Hull 100% 159,342 2005 Spanish
Subtotal 16
Fixed Rate Conventional Tanker - in chartered Series/Yard Hull Type Percent Ownership DWT Year Built Flag
VLCC
Venture Spirit Hitachi Zosen Double Hull * 298,287 2003 Hong Kong
Subtotal 1
Fixed Rate Conventional Tankers Newbuildings Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Aframax - Hull 1328 - Skaugen Petrotrans Tsuneishi Double Hull 50% 106,000 2008 Bahamian
Aframax - Hull 1329 - Skauge Petrotrans Tsuneishi Double Hull 50% 106,000 2008 Bahamian
Subtotal 2
Fixed Rate LNG Carriers Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Hispania Spirit Daewoo Double Hull 100% 79,363 2002 Spanish 137,813
Catalunya Spirit Izar Double Hull 100% 79,363 2003 Spanish 135,425
Galicia Spirit Daewoo Double Hull 100% 79,364 2004 Spanish 137,814
Madrid Spirit Izar Double Hull 100% 79,363 2004 Spanish 135,474
Al Marrouna Daewoo Double Hull 70% 78,520 2006 Bahamian 151,700
Al Areesh Daewoo Double Hull 70% 78,520 2007 Bahamian 151,700
Al Daayen Daewoo Double Hull 70% 78,520 2007 Bahamian 151,700
7
Fixed Rate LNG Carrier Newbuildings Series/Yard Hull Type Percent Ownership DWT Year Built Flag
m3
Rasgas III LNG - Al Huwaila Samsung Double Hull 40% 112,000 2008 217,000
Rasgas III LNG - Al Kharsaah Samsung Double Hull 40% 112,000 2008 217,000
Rasgas III LNG - Al Shamal Samsung Double Hull 40% 112,000 2008 217,000
Rasgas III LNG - Al Khuwair Samsung Double Hull 40% 112,000 2008 217,000
BP Tanggug LNG-01 Hull HHI 1780 Hyundai Double Hull 70% 81,000 2008 155,000
BP Tanggug LNG-02 Hull HSHI S293 Hyundai Samho Double Hull 70% 81,000 2009 155,000
Subtotal 6
Fixed-Rate Floating Storage Offtake Vessels - owned Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Apollo Spirit Avondale Double Hull 89% 129,019 1978 Liberian
Dampier Spirit Hyundai Single Hull 100% 106,668 1987 Bahamian
Karratha Spirit Hyundai Single Hull 100% 106,672 1988 Australian
Pattani Spirit Hyundai Single Hull 100% 113,805 1988 Bahamian
Navion Saga Mitsui S.B. Double Hull 100% 149,000 1991 Bahamian
Subtotal 5
Processing
Fixed-Rate Floating Production Storage Offtake Vessels - owned Series/Yard Hull Type Percent Ownership Cap. (bbl/day) Year Built Flag
Petrojarl I Nippon Kokan Double Hull 65% 46,000 1986
Petrojarl Foinaven Turku Double Hull 65% 140,000 1998
Petrojarl Varg FELS Double Hull 65% 57,000 1998
Petrojarl Banff Hyundai Double Hull 65% 95,000 1998
Subtotal 4
Tankers - Under Conversion Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Che Guevara (Siri FPSO) Weser Single Hull 100% 45,576 1981 Russia
Subtotal 1
LPG Carrier - owned Series/Yard Hull Type Percent Ownership DWT Year Built Flag
Dania Spirit Hyundai H.I. Double Hull 100% 8,669 2000 NIS
Subtotal 1
LPG Tanker Newbuildings Series/Yard Hull Type Percent Ownership DWT Year Built Flag
WZL 0501 Taizhou Wuzhou Double Hull 100% 8,200 2008
WZL 0502 Taizhou Wuzhou Double Hull 100% 8,200 2008
WZL 0503 Taizhou Wuzhou Double Hull 100% 8,200 2009
Subtotal 3
Teekay Total Number of Vessels ***
Chartered-in Newbuildings on Order /
Owned Vessels Vessels Conversions Total
Offshore Segment
Shuttle Tankers 27 13 4 44
Floating Storage & Offtake ("FSO") Vessels 5 5
Floating Production Storage & Offtake ("FPSO") Vessels 4 1 5
Total Offshore Segment 36 13 5 54
Fixed-Rate Tanker Segment
Conventional Tankers 15 2 2 19
Total Fixed-Rate Tanker Segment 15 2 2 19
Liquefied Gas Segment
LNG Carriers 7 6 13
LPG Carriers 1 3 4
Total Liquefied Gas Segment 8 - 9 17
Spot Tanker Segment
Suezmaxes 7 10 10 27
Aframaxes 20 14 34
Large Product Tankers 14 6 1 21
Small Product Tankers 10 10
Total Spot Tanker Segment 41 40 11 92
Total 100 55 27 182
* Time chartered-in vessel
** 50% Owned Vessels through Joint Venture
*** Excludes vessels managed on behalf of third parties
Conventional Fixed Tanker Segment includes 1 x VLCC