EX-8.1 2 c87304exv8w1.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, 2009.

		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			58	%(1)
TEEKAY OFFSHORE PARTNERS LP		MARSHALL ISLANDS			50	%(1)
TEEKAY OFFSHORE OPERATING LP		MARSHALL ISLANDS			75	%(1)
TEEKAY NAVION OFFSHORE LOADING PTE LTD		SINGAPORE			75	%(1)
TEEKAY PETROJARL ASA		NORWAY			100	%
TEEKAY TANKERS LTD		MARSHALL ISLANDS			54	%(2)

(1)		The partnership is controlled by its 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%.