Teekay Tankers Ltd., was incorporated under the laws of the Republic of the Marshall Islands on October 17, 2007 and changed its place of registration from the Marshall Islands to Bermuda on October 1, 2024. The company's main business is to own and operate crude oil and refined product tankers, and adopts a chartering strategy, seeking to capture upside opportunities in the tanker spot market, while using fixed rate time charters and full service reduction contracts to reduce downside risks. In addition to its core business, the company also provides STS support services, as well as tanker commercial management operations.
