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Teekay Tankers Ltd TNK

Teekay Tankers Ltd. is a provider of marine transportation to global oil industries. The Company is engaged in the business of owning and operating crude oil and product tankers. It provides vessel operation services for various vessels under the contracts with the Australian Government. Under these contracts the Company delivers all constituent support capabilities: vessel operations, engineering support, maintenance support, supply support, crewing and training and provide support services. The Company owns a fleet of approximately 45 double-hull tankers, including 25 Suezmax tankers, 10 Aframax tankers and nine LR2 product tankers. The Company also owns a very large crude carrier (VLCC) through a 50% owned joint venture. Its tanker segment consists of the operation of its tankers, including the operations from those tankers employed on full-service lightering contracts and the United State based ship-to-ship support service operations, including its lightering support services.


NYSE:TNK - Post by User

Post by bigreturn11on Mar 17, 2020 4:27pm
191 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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