Teekay Corp passed its own expectations for the second quarter in what was a busy time for the New York-listed company.
Peter Evensen-led Teekay recorded a net loss of $77.8m for the three months to the end of June, compared with a profit of $65.9m in the same period of 2015.
However, stripping out the one off items which are typical of Teekay’s balance sheet, it recorded an adjusted profit of $701,000, down from $19.7m
