Teekay Tankers Launches New Digital Dashboard For Tanker Pool Partners - Teekay

April 11, 2018

HAMILTON, BERMUDA, April 11, 2018 – Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE:TNK) today announced the formal launch of The Helm, a vessel dashboard portal that gives pool partners a transparent, real-time direct link to commercial, technical, and market data pertaining to their vessels. As well as being the world’s largest mid-size tanker operator, Teekay Tankers provides the tanker market with various value-added, commercial services including:

pool and commercial management for Aframax, Suezmax, and LR2 pools;
fuel services;
oil & clean product ship-to-ship (STS);
LNG STS & terminal management; and
tanker services, including technical management and its JV partnership in Halo Fenders.

The launch of The Helm is part of Teekay Tankers’ strategic customer focus. “We are continually striving to improve our services to customers and partners,” commented Matthew Blake, Director, Business Development. “The Helm is an industry-leading digital tool that will provide our pool partners with on-demand, transparent insights into their vessels’ performance in the various Teekay managed pools.” For Teekay Tankers CEO, Kevin Mackay, The Helm is a way Teekay Tankers can harness digital technology and big data tools to stay at the forefront of tanker market trends. “Teekay’s Founder, Torben Karlshoej, was an innovative businessman, looking for niche opportunities to serve the tanker market. That entrepreneurial spirit still drives us 45 years later.” Mr. Mackay continued, “Our Commercial team has been building out its service offering to customers and partners over the last couple of years. These services deepen our customer relationships and deliver a consistent revenue stream in all markets. We have been in the tanker pool business for more than 10 years. I believe the market will see The Helm as an indication of our commitment to providing an open and transparent pool management service that operates the owner’s vessel as if it were our own.” Full details of Teekay Tankers’ commercial services, including The Helm pool dashboard, can be found here: www.tankerservices.teekay.com