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Latest Market Updates


Teekay Tankers Market Update – December 2022

Reflecting on an extraordinary year for the tanker market. At the beginning of the year, tanker rates were at depressed levels following one of the worst years for freight rates…

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Teekay Tankers’ Market Update, September 2022

Tanker rates have firmed across the board in recent months due to longer voyage distances following Russia’s invasion of Ukraine coupled with positive underlying tanker supply and demand fundamentals. Looking…

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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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