Teekay Offshore reported strong financial results in the first quarter of 2013, generating $41.8 million in distributable cash flow. The company plans to increase its quarterly cash distribution by at least 2.5% later in the year. Teekay Offshore recently acquired the Voyageur Spirit FPSO and was offered a 50% interest in the Cidade de Itajai FPSO. It expects to take delivery of three new shuttle tankers for the BG charter between June and November 2013 and signed a contract to convert an existing shuttle tanker into an FSO for Salamander Energy. Teekay Offshore is pursuing future growth opportunities in FPSOs, shuttle tankers, and FSO