Teekay Tankers’ second quarter boosted by firm spot rates
Mid-sized tanker demand supported by high exports from US Gulf and Russia, US listed operator says
Teekey Tankers saw solid earnings in the second quarter, as the mid-size tanker segment benefited from robust exports from the US and Russia. Seasonality and an exodus of tankers from Russian trades back to non-Russian trade is putting downward pressure on spot rates, but the company still expends a strong second half of the year
