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Strategies & Market Trends : Dividend investing for retirement

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To: Oblivious who wrote (9128)5/27/2011 4:00:04 PM
From: Triffin1 Recommendation  Read Replies (1) of 34328
 
RE: LNG shippers

TGP looks like a good long term LNG play ..
Has some new buildings to be delivered over the next few
years and existing fleet all on long term TCs ..
Current yield +7.2%

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Teekay LNG Partners L.P. provides marine transportation services for liquefied natural gas, liquefied petroleum gas, and crude oil worldwide. It transports liquid petroleum gases, including propane, butane, and ethane; petrochemical gases, such as ethylene, propylene, and butadiene; and ammonia. The company charters its vessels on time and voyage basis. As of June 30, 2010, it operated a fleet of 15 LNG carriers and 3 LPG carriers; and 10 Suezmax-class crude oil tankers and 1 Handymax product tanker. Teekay GP L.L.C. serves as the general partner of Teekay LNG Partners L.P. The company was founded in 2004 and is headquartered in Hamilton, Bermuda. Teekay LNG Partners L.P. is a subsidiary of Teekay Corporation.

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Triff ..
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