German KG companies in million-dollar deal with Teekay

Stock-listed Teekay Tankers acquires five Aframax vessels from German KG companies for a total of USD 230 million.

BY OLE ANDERSEN

Teekay Tankers, listed on the New York Stock Exchange, has acquired five recently-built Aframax tanker vessels from German KG companies for a total price of USD 230 million. The ships, of which four are coated and can also operate in the product tanker segment, will be delivered in the 1st quarter 2015 and will sail in the Teekay-headed Taurus LR2 Pool and Aframax RSA.

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German KG companies in million-dollar deal with Teekay

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Hafnia: Tanker rates headed for great finish in 2014

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Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

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Less than one percent of the container fleet is currently idle

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