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Latest Market Updates
Teekay Marine Markets – Tanker Update, December 2018
Tanker rates are exiting 2018 on a high note, with rates at 2-3 year highs across all segments. However, OPEC supply cuts from Jan’19 may introduce some rate volatility during…
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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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