Teekay Tankers makes USD 662 million purchase

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

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.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading