<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144/A</submissionType>
    <previousAccessionNumber>0001972297-26-000005</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001972297</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000911971</issuerCik>
      <issuerName>TEEKAY CORP LTD</issuerName>
      <secFileNumber>001-12874</secFileNumber>
      <issuerAddress>
        <com:street1>2ND FLOOR, SWAN BUILDING</com:street1>
        <com:street2>26 VICTORIA STREET</com:street2>
        <com:city>HAMILTON</com:city>
        <com:stateOrCountry>D0</com:stateOrCountry>
        <com:zipCode>HM 12</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>604-683-3529</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Speers Brody</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley Wealth Management Canada Inc.</name>
        <address>
          <com:street1>140 4th Avenue SW, Suite 2740</com:street1>
          <com:city>Calgary</com:city>
          <com:stateOrCountry>A0</com:stateOrCountry>
          <com:zipCode>T2P 3N3</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>5500</noOfUnitsSold>
      <aggregateMarketValue>66825.00</aggregateMarketValue>
      <noOfUnitsOutstanding>87004134</noOfUnitsOutstanding>
      <approxSaleDate>06/11/2026</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>06/02/2026</acquiredDate>
      <natureOfAcquisitionTransaction>Common Stock Units</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Teekay Corporation Ltd.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>5500</amountOfSecuritiesAcquired>
      <paymentDate>06/02/2026</paymentDate>
      <natureOfPayment>Executive Officer Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>06/12/2026</noticeDate>
      <signature>/s/ Brody Speers</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
