Truthfully, I just don't know. Teak is an oily wood, I don't know how it accepts paint. I do know that several years ago I used Valspar clear urethane spray on my 78's teak. It held up for several years before I had to redo it. So I'm guessing it would probably work ok. Try a test on a small area would be my suggestion.
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1987 V20 w/1987 150HP Yamaha on a Shoreland'r Trailer
1978 16.5 Airslot w/1996 120HP Force on a Four Winns trailer
1996 V21 w/1993 200HP Mercury on a Shoreline Trailer
All towed by a 5.7L Hemi Durango.
If God didn't have a purpose for us we wouldn't be here, so
Live simply, Love generously, Care deeply, Speak kindly.
(Leave the rest to God) 
Silence, in the face of evil, is itself evil. Not to speak is to speak, not to act is to act. God will not hold us guiltless.
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