Teekay Tankers hit by the weakest tanker rates in three years

Canadian Teekay Tankers delivered a net deficit of USD 5.5 million in the third quarter, which according to CEO Kevin Mackay was the weakest quarter in three years.

by OLE ANDERSEN

Teekay Tankers, one of Canadian Teekay Group's three listed subsidiaries, suffered a net loss of USD 5.5 million in the third quarter, which according to the company's CEO Kevin Mackay was characterized by the lowest crude oil rates in a quarter seen over the last three years.

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