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TORBEN ERA1 9 7 3 - 1 9 9 2
T H E T E E K A Y E V O L U T I O N
Founded the Teekay Shipping Group as a tanker operator
1973
Chartered first vessel for $3,800/day
1976
WHITE PEONY
Launched an ambitious ship building and acquistion program adding another 30 vessels at $1.4 billion over six years
First newbuilding Frontier Spirit delivered
1987
Moved operations to Vancouver
1991Teekay’s fleet increased to 49 vessels
1992
150+ vessels
The ‘TK’ LegacyContinuing to grow with Teekay spirit
$11+ billion in assets4 publicly traded entities
Operating in diverse sectors
1980’S EVOLVED FROM CHARTERER TO OWNERTO ENSURE QUALITY VESSELS WERE AVAILABLE ON THE MARKET
CONTINUING GROWTH
Earned a reputation as a quality operator of Aframaxes
Moved operations to California to focus on tanker trading in the Indo Pacific region.He was opportunistic & willing to take a risk.
TIMELINE
CALIFORNIANEW YORK
VANCOUVER
Company revenues climbed
$
Pioneered by our founder
wit
h h
is for the sea& ships
JENS TORBEN KARLSHOEJ
LIFELONGPASSION
Torben would have been proudTorben would have been proudTorben would have been proudTorben would have been proudTorben would have been proudTorben would have been proudTorben would have been proudTorben would have been proudTorben would have been proud
Torben Karlshoej left behind a world class management team to continue his dream...
Had a special bond with seafarers. To Torben, his Captains and Chief Engineers were his sea-going VICE PRESIDENTS
Built Teekay with hisENTREPRENEURIAL SPIRIT PASSION for
DOING IT RIGHT!
&Jens Torben Karlshoej
Purchased first owned vessel Golden Gate Sun
GOLDEN GATE SUN
Signed a deal with SANKO to charter 12 vessels on a two year contract
1985
BRINGING ENERGY TO THE WORLD
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