Teekay Tankers makes USD 662 million purchase

Teekay Tankers has acquired 12 Suezmax vessels in a deal that totals USD 662 million.

BY BENJAMIN WERNER CHRISTENSEN

Acquiring vessels is expensive, something Teekay Tankers has now experienced first hand. The company has just spent USD 662 million on the purchase of 12 Suezmax ships which have been acquired from Principal Maritime. The acquisition also means that the fleet at Teekay Tankers now has an average age that is 1.2 years younger than before the purchase.

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Teekay Tankers makes USD 662 million purchase

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Dubai challenges Singapore as shipping's favorite city

John Fredriksen has increased his wealth by NOK 81bn this year

Cosco to build production chain for green methanol

Hapag-Lloyd were in talks to acquire state-owned port company

Jobs