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03 AUG 2026 MONDAY
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Teekay Tankers has continued to offload ageing vessels, with deals reportedly struck with African buyers for a pair of suezmaxes. S&P sources show the New York-listed firm has agreed to sell the 2009-built Cascade Spirit and Aspen Spirit to unnamed Nigerian interests for around $75m. The en bloc deal suggests a significant premium, considering both vessels are estimated by Veson Nautical’s pricing platform VesselsValue, at $68m in total. Teekay Tankers has been looking to dispose of its ageing tonnage, as more than 50% of its fleet is currently aged 15 years and older. Excluding the most recent reported sales, the company let go of six tankers year-to-date, all built between 2006 and 2009. The Kenneth Hvid-led outfit currently owns 20 suezmaxes, and 15 aframax/LR2 tankers as well as five chartered-in ships, four of which are aframax/LR2. One 2019-built LR2 tanker was recently acquired for $63m. Some brokers have identified the vessel as the Daehan-built 115,643 dwt Prostar. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsCanada
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news Splash247 ·2025-05-21

Teekay Tankers offloads suezmax brace

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