Teekay Tankers Ltd
4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROADHAMILTON D0 HM08 BMU
P: 441-298-2530
F: 441-292-3931
http://www.teekay.com/business/tankers
Sectors & Indices
Sector
Industry
Employees
Profile
Teekay Tankers Ltd. is a Marshall Islands corporation recently formed by Teekay Corporation to provide international marine transportation of crude oil. Teekay Tankers Ltd. owns a fleet of nine double-hull Aframax-class oil tankers, which an affiliate of Teekay Corporation manages under a mix of spot-market trading and short- or medium-term fixed-rate time-charter contracts. In addition, Teekay Corporation will offer to Teekay Tankers Ltd. within eighteen months of the initial public offering the opportunity to purchase up to four Suezmax-class oil tankers. Teekay Tankers Ltd. intends to distribute on a quarterly basis all of its cash available for distribution, subject to any reserves established by its board of directors.
Key Executives
Name | Title |
---|---|
Kevin Mackay | CEO/President |
Stewart Andrade | CFO/Chief Accounting Officer |