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June 2019 Tanker Market Update
The tanker market has seen lower rates in Q2-2019 due to seasonal weakness and a series of near-term headwinds. However, we are starting to see some early signs of volatility…
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Tanker Scrapping in Q1-2018 was the Highest in Over 35 years
Tanker scrapping has started 2018 with a bang, as a combination of low freight rates, high scrap prices, an aging tanker fleet, and the impact of upcoming vessel regulations have…
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About Us
Established in 1973, Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage and production companies. We bring energy where it is needed to power the global economy and to improve people’s lives. The breadth of our conventional fleet enables us to meet our customers’ needs through chartering spot or fixed rate, crude or clean and ship-to-ship transfer services.
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