August 11, 2015
Teekay Tankers: Largest Owner and Operator of Mid-size Crude Oil Tankers
On August 5, Teekay Tankers announced the acquisition of 12 modern Suezmax tankers from Principal Maritime for a total cost of $662 million. These on-the-water vessels more than double Teekay Tankers’ owned Suezmax fleet and solidifies Teekay Tankers’ position as the largest owner and operator of mid-size crude oil tankers. This significant increase in scale will allow Teekay Tankers to further optimize fleet
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