Seapeak LLC

D

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Sector: Energy

Industry: Oil & Gas Midstream

Seapeak LLC is a provider of marine transportation services for liquefied natural gas, liquefied petroleum gas, and crude oil. The company operates into two segments namely: the LNG segment and the NGL segment. The LNG segment consists of LNG carriers which generally operate under long-term, fixed-rate charters to international energy companies. NGL segment consists of LPG, Ethane, and multi-gas carriers which generally operate under voyage charters or time charters. It derives maximum revenue from the LNG segment. The majority of these services are provided through either a time charter, voyage charter, or bareboat charter contract.