EX-8.1 5 c77370exv8w1.htm EXHIBIT 8.1

Exhibit 8.1

EXHIBIT 8.1

List of Significant Subsidiaries

The following is a list of the Company’s significant subsidiaries as at March 15, 2008.

		State or				Proportion of
		Jurisdiction of				Ownership
Name of Significant Subsidiary		Incorporation				Interest
TEEKAY CHARTERING LIMITED		MARSHALL ISLANDS					100	%
TEEKAY HOLDINGS LIMITED		MARSHALL ISLANDS					100	%
SINGLE SHIP LIMITED LIABILITY COMPANIES		MARSHALL ISLANDS					100	%
TEEKAY LNG PARTNERS LP		MARSHALL ISLANDS					64	%(1)
TEEKAY OFFSHORE PARTNERS LP		MARSHALL ISLANDS					60	%(1)
TEEKAY OFFSHORE OPERATING LP		MARSHALL ISLANDS					90	%(1)
TEEKAY NAVION OFFSHORE LOADING PTE LTD		SINGAPORE					90	%(1)
TEEKAY PETROJARL ASA		NORWAY					65	%
TEEKAY TANKERS LTD		MARSHALL ISLANDS					54	%(2)

(1)		Partnership is controlled by the General Partner. Teekay Corporation has a 100% beneficial ownership in the General Partner. In limited cases, approval of a majority or supermajority of the common unit holders (in some cases excluding units held by the General Partner and its affiliates) is required to approve certain actions.
(2)		Proportion of voting power held is 53%.