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Teekay Tankers Ltd TNK

Teekay Tankers Ltd. is a Bermuda-based company. The Company's primary business is to own and operate crude oil and refined product. operates mid-sized tankers. In addition, to its core business, the Company also provide STS support services, along with its tanker commercial management operations. The Company owns a fleet of approximately 42 double-hull tankers, including 24 Supermax tankers,18 Aframax/LR2 tankers, and has six time chartered-in tankers. Its vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. The Company also owns a crude carrier (VLCC) through a 50% owned joint venture. It owns a ship-to-ship transfer business that performs full-service lightering and lightering support operations in the United States, Gulf, and Caribbean.


NYSE:TNK - Post by User

Post by bigreturn11on Mar 17, 2020 4:27pm
218 Views
Post# 30818775

50 to 100% short term upside-Tea Cup starting to form on TKN

50 to 100% short term upside-Tea Cup starting to form on TKNTeekay Tankers (TNK)

https://stockhouse.com/companies/quote?symbol=tnk

Tanker rates and industry is going bezerk with immediate storage space required for global over-production related to the oil war. 6 month chart is coiled and ready to spring!
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