<SEC-DOCUMENT>0001950047-25-003955.txt : 20250606
<SEC-HEADER>0001950047-25-003955.hdr.sgml : 20250606
<ACCEPTANCE-DATETIME>20250606161827
ACCESSION NUMBER:		0001950047-25-003955
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250606
DATE AS OF CHANGE:		20250606

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TEEKAY CORP LTD
		CENTRAL INDEX KEY:			0000911971
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-12874
		FILM NUMBER:		251030925

	BUSINESS ADDRESS:	
		STREET 1:		2ND FLOOR, SWAN BUILDING
		STREET 2:		26 VICTORIA STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM 12
		BUSINESS PHONE:		604-683-3529

	MAIL ADDRESS:	
		STREET 1:		2ND FLOOR, SWAN BUILDING
		STREET 2:		26 VICTORIA STREET
		CITY:			HAMILTON
		STATE:			D0
		ZIP:			HM 12

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEEKAY CORP
		DATE OF NAME CHANGE:	20070608

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEEKAY SHIPPING CORP
		DATE OF NAME CHANGE:	19950609

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VIKING STAR SHIPPING INC
		DATE OF NAME CHANGE:	19930914

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hvid Kenneth
		CENTRAL INDEX KEY:			0001976945
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		SUITE 2100, BENTALL 5
		STREET 2:		550 BURRARD STREET
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2K2
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
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    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001976945</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0000911971</issuerCik>
            <issuerName>TEEKAY CORPORATION LTD</issuerName>
            <secFileNumber>001-12874</secFileNumber>
            <issuerAddress>
                <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                <ns2:street2>26 Victoria Street</ns2:street2>
                <ns2:city>Hamilton</ns2:city>
                <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                <ns2:zipCode>HM12</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(441) 298-2530</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>KENNETH HVID</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>7202</noOfUnitsSold>
            <aggregateMarketValue>63064.31</aggregateMarketValue>
            <noOfUnitsOutstanding>84059952</noOfUnitsOutstanding>
            <approxSaleDate>06/06/2025</approxSaleDate>
            <securitiesExchangeName>NYSE</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>06/06/2025</acquiredDate>
            <natureOfAcquisitionTransaction>Exercise of options under a registered plan</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>7202</amountOfSecuritiesAcquired>
            <paymentDate>06/06/2025</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/05/2025</saleDate>
            <amountOfSecuritiesSold>29351</amountOfSecuritiesSold>
            <grossProceeds>254115.09</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/05/2025</saleDate>
            <amountOfSecuritiesSold>46063</amountOfSecuritiesSold>
            <grossProceeds>398804.24</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/05/2025</saleDate>
            <amountOfSecuritiesSold>1500</amountOfSecuritiesSold>
            <grossProceeds>13125.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/04/2025</saleDate>
            <amountOfSecuritiesSold>24586</amountOfSecuritiesSold>
            <grossProceeds>212688.57</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/16/2025</saleDate>
            <amountOfSecuritiesSold>94272</amountOfSecuritiesSold>
            <grossProceeds>783485.16</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/16/2025</saleDate>
            <amountOfSecuritiesSold>132885</amountOfSecuritiesSold>
            <grossProceeds>1104393.95</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/15/2025</saleDate>
            <amountOfSecuritiesSold>49633</amountOfSecuritiesSold>
            <grossProceeds>407208.99</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/14/2025</saleDate>
            <amountOfSecuritiesSold>200000</amountOfSecuritiesSold>
            <grossProceeds>1628400.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/14/2025</saleDate>
            <amountOfSecuritiesSold>150367</amountOfSecuritiesSold>
            <grossProceeds>1234152.19</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/13/2025</saleDate>
            <amountOfSecuritiesSold>37096</amountOfSecuritiesSold>
            <grossProceeds>297491.37</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
                <address>
                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
                    <ns2:street2>26 Victoria Street</ns2:street2>
                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>05/13/2025</saleDate>
            <amountOfSecuritiesSold>107874</amountOfSecuritiesSold>
            <grossProceeds>865095.54</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>KENNETH HVID</name>
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                    <ns2:street1>2nd Floor, Swan Building</ns2:street1>
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                    <ns2:city>Hamilton</ns2:city>
                    <ns2:stateOrCountry>D0</ns2:stateOrCountry>
                    <ns2:zipCode>HM12</ns2:zipCode>
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            <securitiesClassTitle>Common</securitiesClassTitle>
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            <amountOfSecuritiesSold>61454</amountOfSecuritiesSold>
            <grossProceeds>493094.61</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>06/06/2025</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Kenneth Hvid</signature>
        </noticeSignature>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
