A higher number of dry dockings and repairs combined with lower charter rates on three vessels pushed down third-quarter earnings for Teekay LNG Partners.
Reporting its result for the three months to the end of September, the New York-listed shipowner said the weaker figures were primarily due to more scheduled dry-dockings and higher planned repairs and maintenance expenses.
The gas carrier owner also cited lower earnings from three LNG carriers which were fixed out at weaker charter rates.
