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Teekay Tankers Ltd. Reports Fourth Quarter and Annual 2025 Results and Declares Dividend

https://www.globenewswire.com/news-release/2026/02/18/3240611/0/en/Teekay-Tankers-Ltd-Reports-Fourth-Quarter-and-Annual-2025-Results-and-Declares-Dividend.html
Teekay Tankers Ltd. (NYSE: TNK) announced its financial results for the fourth quarter and full year ended December 31, 2025. The company also declared a regular quarterly cash dividend of $0.25 per share, payable on March 13, 2026. Further details are available on the company's website.

Teekay Tankers Ltd. Reports Q4 and Full Year 2025 Results, Declares Quarterly Cash Dividend of $0.25 per Share

https://www.quiverquant.com/news/Teekay+Tankers+Ltd.+Reports+Q4+and+Full+Year+2025+Results%2C+Declares+Quarterly+Cash+Dividend+of+%240.25+per+Share
Teekay Tankers Ltd. announced its Q4 and full-year 2025 financial results, including a regular quarterly cash dividend of $0.25 per share payable on March 13, 2026. The company operates a fleet of 35 double-hull tankers and provides marine services, managing vessels for the Australian Government and energy companies, and running a ship-to-ship transfer business. While the dividend shows a commitment to shareholder value, the press release notably lacks specific financial performance details like revenue or profit figures.

Shariaportfolio Inc. Buys New Shares in Teekay Tankers Ltd. $TNK

https://www.marketbeat.com/instant-alerts/filing-shariaportfolio-inc-buys-new-shares-in-teekay-tankers-ltd-tnk-2026-02-13/
Shariaportfolio Inc. has acquired a new position of 68,048 shares in Teekay Tankers Ltd. (NYSE:TNK), valued at approximately $3.44 million, making it their 12th largest holding. Other institutional investors like Sagil Capital, Ameriprise, Oxbow, American Century, and AQR have also increased their stakes, bringing institutional ownership to 52.67%. Analysts currently rate Teekay Tankers as a "Buy" with an average target price of $65.00, while the stock trades near its 12-month high.

Teekay Tankers Ltd. $TNK Shares Sold by Principal Financial Group Inc.

https://www.marketbeat.com/instant-alerts/filing-teekay-tankers-ltd-tnk-shares-sold-by-principal-financial-group-inc-2026-02-06/
Principal Financial Group Inc. reduced its stake in Teekay Tankers Ltd. (NYSE:TNK) by 5.1% in the third quarter, selling 37,838 shares but still retaining 708,666 shares valued at $35.8 million. Despite this sale, over 52% of TNK stock is owned by institutional investors, and several other firms increased their positions in the company. Teekay Tankers is currently trading near its 12-month high with a market cap of $2.22 billion, and analysts have issued multiple Buy/Strong Buy ratings with an average target price of $65.00.

Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026

https://www.manilatimes.net/2026/02/05/tmt-newswire/globenewswire/teekay-group-to-announce-fourth-quarter-and-annual-2025-earnings-results-on-february-18-2026/2271988
Teekay Corporation Ltd. (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) will release their fourth quarter and annual 2025 financial results on February 18, 2026, after market close. The Teekay Group will host a conference call on February 19, 2026, at 11:00 a.m. (ET) to discuss these results. Interested parties can access the call via a dial-in number or webcast on the Teekay Group’s website.
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Teekay Corporation and Teekay Tankers to Release Q4 and Annual 2025 Financial Results on February 18, 2026

https://www.quiverquant.com/news/Teekay+Corporation+and+Teekay+Tankers+to+Release+Q4+and+Annual+2025+Financial+Results+on+February+18,+2026
Teekay Corporation and Teekay Tankers announced they will release their Q4 and annual 2025 financial results after market close on February 18, 2026. A conference call is scheduled for February 19, 2026, at 11:00 a.m. (ET) to discuss these results, with materials available on their website beforehand. The article also provides a summary of institutional investor activity for Teekay (TK) stock.

Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026

https://www.theglobeandmail.com/investing/markets/stocks/TNK-N/pressreleases/29800/teekay-group-to-announce-fourth-quarter-and-annual-2025-earnings-results-on-february-18-2026/
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) will release their fourth quarter and annual 2025 financial results on February 18, 2026, after market close. The Teekay Group will host a conference call on February 19, 2026, at 11:00 a.m. (ET) to discuss these results. Interested parties can join via phone or webcast, with an earnings presentation available on www.teekay.com beforehand.

Y Intercept Hong Kong Ltd Sells 16,330 Shares of Teekay Tankers Ltd. $TNK

https://www.marketbeat.com/instant-alerts/filing-y-intercept-hong-kong-ltd-sells-16330-shares-of-teekay-tankers-ltd-tnk-2026-02-05/
Y Intercept Hong Kong Ltd significantly reduced its stake in Teekay Tankers Ltd. (NYSE:TNK) by 66.1% in the third quarter, selling 16,330 shares and valuing its remaining holdings at $423,000. Despite this sell-off, other institutional investors increased their positions, and analyst ratings show a consensus "Buy" with an average price target of $65.00 for the shipping company. Teekay Tankers, which operates a fleet of crude oil and petroleum product tankers, has a market capitalization of $2.22 billion and has seen its stock perform well over the past year.

Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026

https://www.globenewswire.com/news-release/2026/02/04/3232471/0/en/Teekay-Group-to-Announce-Fourth-Quarter-and-Annual-2025-Earnings-Results-on-February-18-2026.html
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK), collectively known as the Teekay Group, will release their fourth quarter and annual 2025 financial results after market close on February 18, 2026. A conference call is scheduled for February 19, 2026, at 11:00 a.m. ET to discuss these results. Interested parties can access the call via phone or webcast on the Teekay Group’s website.

Teekay Corporation and Teekay Tankers to Release Q4 and Annual 2025 Financial Results on February 18, 2026

https://www.quiverquant.com/news/Teekay+Corporation+and+Teekay+Tankers+to+Release+Q4+and+Annual+2025+Financial+Results+on+February+18%2C+2026
Teekay Corporation (TK) and Teekay Tankers (TNK) are set to release their Q4 and annual 2025 financial results after market close on February 18, 2026. A conference call to discuss these results will follow on February 19, 2026, at 11:00 a.m. ET. The companies are major providers of marine transportation for crude oil, with Teekay Tankers operating a significant fleet and offering services including those for the Australian Government.
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Teekay Group to Announce Fourth Quarter and Annual 2025 Earnings Results on February 18, 2026

https://news.futunn.com/en/post/68440117/teekay-group-to-announce-fourth-quarter-and-annual-2025-earnings
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK), collectively known as Teekay Group, are set to release their fourth quarter and annual 2025 financial results on Wednesday, February 18, 2026, after market close. A conference call will follow on Thursday, February 19, 2026, at 11:00 a.m. ET to discuss these results, with details provided for participation via phone or webcast. The group provides international crude oil marine transportation and services, operating a significant fleet of tankers.

What Teekay Tankers (TNK)'s Analyst Upgrades and Earnings Momentum Signal Means For Shareholders

https://www.sahmcapital.com/news/content/what-teekay-tankers-tnks-analyst-upgrades-and-earnings-momentum-signal-means-for-shareholders-2026-02-01
Teekay Tankers (TNK) has experienced analyst upgrades and strong earnings momentum, leading to increased confidence in its operational performance. Despite this optimism and recent stock price gains, the company operates in a cyclical business with expected profit contraction and a significant one-off gain in recent results. Investors should consider various perspectives and risks, including potential market softening and the need for the new management team to prove itself, while using fundamental analysis to evaluate its investment potential.

Teekay Tankers Ltd. (NYSE:TNK) Given Consensus Recommendation of "Buy" by Brokerages

https://www.marketbeat.com/instant-alerts/teekay-tankers-ltd-nysetnk-given-consensus-recommendation-of-buy-by-brokerages-2026-01-31/
Teekay Tankers Ltd. (NYSE:TNK) has received a consensus "Buy" recommendation from five brokerages, with an average one-year price target of $65.00. Several firms, including Evercore ISI, Jefferies Financial Group, and Clarkson Capital, recently raised their price targets or ratings, while Zacks Research downgraded the stock to a "hold." The company recently reported strong earnings, beating analyst estimates for both EPS and revenue, and institutional investors have been actively adjusting their positions.

Is Rising Analyst Confidence And Upgraded Earnings Guidance Altering The Investment Case For Teekay Tankers (TNK)?

https://www.sahmcapital.com/news/content/is-rising-analyst-confidence-and-upgraded-earnings-guidance-altering-the-investment-case-for-teekay-tankers-tnk-2026-01-25
Analyst confidence in Teekay Tankers (TNK) has risen, with multiple brokerage firms assigning an "Outperform" rating due to an upgraded earnings outlook. While this reinforces a positive near-term profit narrative, the core investment case still depends on volatile tanker rates, fleet utilization, and capital allocation decisions. Investors are advised to consider the potential for quick sentiment reversal if earnings disappoint, despite the stock potentially being undervalued.

Teekay Tankers (NYSE:TNK) Stock Crosses Above 200 Day Moving Average - Time to Sell?

https://www.marketbeat.com/instant-alerts/teekay-tankers-nysetnk-stock-crosses-above-200-day-moving-average-time-to-sell-2026-01-19/
Teekay Tankers (NYSE:TNK) stock recently crossed above its 200-day moving average, trading at $60.16. The company has a "Buy" consensus rating from analysts with an average target price of $65, and it outperformed quarterly EPS estimates. Teekay Tankers offers a 1.7% dividend yield and is largely owned by institutional investors.
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Will Stronger EPS Expectations Push Teekay Tankers (TNK) Toward a New Risk‑Reward Profile?

https://www.sahmcapital.com/news/content/will-stronger-eps-expectations-push-teekay-tankers-tnk-toward-a-new-riskreward-profile-2026-01-08
Teekay Tankers (TNK) is drawing attention due to evolving analyst estimates forecasting a significant increase in EPS for the upcoming earnings report compared to the prior year. This shift suggests a reassessment of the company's near-term earnings power and potential changes to its risk-reward profile, with a focus on earnings volatility and tanker market swings as key factors. Despite projected future revenue and earnings declines by 2028, the company's consistent quarterly dividend indicates a commitment to returning capital, while diverse fair value estimates highlight differing investor perspectives on its future.

Teekay Tankers (NYSE:TNK) Shares Up 6.7% - Time to Buy?

https://www.marketbeat.com/instant-alerts/teekay-tankers-nysetnk-shares-up-67-time-to-buy-2026-01-07/
Teekay Tankers (NYSE:TNK) shares rose 6.7% to $57.09 after beating earnings estimates last quarter with $1.54 EPS against $1.50 expected, despite a 16.5% year-over-year revenue decline. Wall Street analysts maintain a consensus "Buy" rating with an average target price of $65. The company also pays a quarterly dividend of $0.25, yielding about 1.7%.

Pacer Advisors Inc. Has $8.58 Million Holdings in Teekay Tankers Ltd. $TNK

https://www.marketbeat.com/instant-alerts/filing-pacer-advisors-inc-has-858-million-holdings-in-teekay-tankers-ltd-tnk-2025-12-29/
Pacer Advisors Inc. significantly reduced its stake in Teekay Tankers Ltd. by 33.0% in Q3, now holding 169,736 shares valued at $8.58 million. Despite this reduction, other institutional investors have increased their positions in the shipping company. Teekay Tankers (NYSE: TNK) has a market capitalization of $1.88 billion, a low P/E ratio of 6.05, and recently beat its quarterly EPS estimates, resulting in a consensus "Buy" rating and a target price of $65.00 from analysts.

Teekay Tankers (NYSE:TNK) Stock Crosses Above 200 Day Moving Average - Here's Why

https://www.marketbeat.com/instant-alerts/teekay-tankers-nysetnk-stock-crosses-above-200-day-moving-average-heres-why-2025-12-23/
Teekay Tankers (NYSE:TNK) stock has crossed above its 200-day moving average, signaling a bullish technical trend. This movement is supported by positive analyst sentiment, with multiple upgrades and price target increases, leading to a consensus "Buy" rating and an average price target of $65.00. The company also reported strong recent financial results, beating EPS estimates, and announced a quarterly dividend.

Bridgeway Capital Management LLC Sells 41,855 Shares of Teekay Tankers Ltd. $TNK

https://www.marketbeat.com/instant-alerts/filing-bridgeway-capital-management-llc-sells-41855-shares-of-teekay-tankers-ltd-tnk-2025-12-13/
Bridgeway Capital Management LLC reduced its stake in Teekay Tankers Ltd. by 11.9% in the second quarter, selling 41,855 shares. Despite this, Teekay Tankers (NYSE: TNK) reported strong Q3 earnings, beating analyst estimates with an EPS of $1.54, though revenue decreased year-over-year. The company maintains an average "Buy" rating from analysts with a target price of $65.00 and pays a quarterly dividend of $0.25.
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Teekay Tankers' (NYSE:TNK) earnings growth rate lags the 39% CAGR delivered to shareholders

https://www.sahmcapital.com/news/content/teekay-tankers-nysetnk-earnings-growth-rate-lags-the-39-cagr-delivered-to-shareholders-2025-12-11
Teekay Tankers' shareholders have seen a spectacular return of 358% over the last five years, even with a recent 12% decline. However, the company's earnings per share growth of 6.4% per year over the same period lags significantly behind the 36% average annual increase in its share price. This suggests that the market's high regard for Teekay Tankers is more based on sentiment and a strong track record of growth rather than current EPS performance, though total shareholder return (TSR) incorporating dividends is even higher at 422% over five years.

How Teekay Tankers’ (TNK) Strong Q3 Results Could Shift Investor Sentiment and Outlook

https://www.sahmcapital.com/news/content/how-teekay-tankers-tnk-strong-q3-results-could-shift-investor-sentiment-and-outlook-2025-11-20
Teekay Tankers (TNK) recently announced robust Q3 2025 results, exceeding analyst forecasts for adjusted earnings per share and revenue. This strong performance, however, generated mixed market reactions, highlighting the complexity of investor sentiment. While the results reinforce the company's focus on shareholder returns through consistent dividends, the broader investment narrative for Teekay Tankers still hinges on global oil trade shifts, market cyclicality, and evolving regulatory standards.

Teekay Tankers Reports Strong Q3 2025 Results Amid Fleet Renewal

https://www.tipranks.com/news/company-announcements/teekay-tankers-reports-strong-q3-2025-results-amid-fleet-renewal
Teekay Tankers (TNK) announced strong Q3 2025 financial results, reporting a GAAP net income of $92.1 million. The company's performance was bolstered by a strategic fleet renewal plan, including vessel acquisitions and sales, and favorable spot rates. TipRanks' AI Analyst, Spark, rates TNK as "Outperform" due to strong financials, strategic fleet management, and attractive valuation metrics, despite potential market volatility.

Teekay profit surges as tanker rates strengthen

https://www.royalgazette.com/international-business/business/article/20251104/teekay-profit-surges-as-tanker-rates-strengthen/
Teekay Tankers Ltd reported a significant surge in third-quarter net income to $92.1 million, or $2.66 per share, primarily driven by strong crude-shipping rates and vessel sales. The company's adjusted net income reached $53.3 million, and its chief executive, Kenneth Hvid, attributed the strong performance to counter-seasonally high spot tanker rates. Teekay also declared a quarterly dividend of 25 cents per share and noted further strengthening of fourth-quarter spot rates.

Teekay Group to Announce Third Quarter 2025 Earnings Results on October 29, 2025

https://www.globenewswire.com/news-release/2025/10/21/3170653/0/en/Teekay-Group-to-Announce-Third-Quarter-2025-Earnings-Results-on-October-29-2025.html
Teekay Corporation Ltd. and Teekay Tankers Ltd. (collectively, the Teekay Group) are scheduled to release their third-quarter 2025 financial results after market close on Wednesday, October 29, 2025. The Teekay Group will host a conference call on Thursday, October 30, 2025, at 11:00 a.m. (ET) to discuss these results, with details provided for participation via phone or webcast. The article also provides extensive background information on Teekay and Teekay Tankers, their operations, and stock symbols.
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Teekay Tankers to double down on core fleet expansion as MR ambitions recede

https://www.tradewindsnews.com/tankers/teekay-tankers-to-double-down-on-core-fleet-expansion-as-mr-ambitions-recede/2-1-1894253
Teekay Tankers plans to focus on expanding its core fleet by acquiring suezmaxes and aframaxes, as its ambitions for MR tankers diminish. CEO Kenneth Hvid stated that investing in their core franchise is currently the company's top priority.

Teekay Tankers Ltd. Reports Q3 2025 Results and Declares Fixed Cash Dividend of $0.25 per Share

https://www.quiverquant.com/news/Teekay+Tankers+Ltd.+Reports+Q3+2025+Results+and+Declares+Fixed+Cash+Dividend+of+$0.25+per+Share
Teekay Tankers Ltd. announced its Q3 2025 financial results, including a fixed cash dividend of $0.25 per share payable on November 21, 2025, to shareholders of record by November 10, 2025. The company operates a fleet of 34 double-hull tankers, manages vessels for the Australian Government and energy companies, and has a ship-to-ship transfer business. Analyst ratings show two "Buy" or "Outperform" ratings with a median price target of $63.0.

Teekay Tankers Ltd. Reports Third Quarter 2025 Results and Declares Dividend

https://www.globenewswire.com/news-release/2025/10/29/3176835/0/en/Teekay-Tankers-Ltd-Reports-Third-Quarter-2025-Results-and-Declares-Dividend.html
Teekay Tankers Ltd. announced its results for the quarter ended September 30, 2025, and declared a fixed cash dividend of $0.25 per share. The dividend is payable on November 21, 2025, to shareholders of record as of November 10, 2025. The company also highlighted its fleet composition and business operations, including its ship-to-ship transfer business.

Teekay Tankers Ltd. Reports Third Quarter 2025 Results and Declares Dividend

https://www.globenewswire.com/de/news-release/2025/10/29/3176835/0/en/teekay-tankers-ltd-reports-third-quarter-2025-results-and-declares-dividend.html
Teekay Tankers Ltd. (NYSE: TNK) announced its third-quarter 2025 results and declared a fixed cash dividend of $0.25 per share, payable on November 21, 2025, to shareholders of record as of November 10, 2025. The company, which operates a fleet of 34 double-hull tankers and three time-chartered-in vessels, also manages maritime services for the Australian Government and energy companies. The full earnings release and presentation are available on their website.

Teekay Group to Announce Third Quarter 2025 Earnings Results on October 29, 2025

https://finance.yahoo.com/news/teekay-group-announce-third-quarter-200500501.html
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) (collectively, the Teekay Group) are scheduled to release their third-quarter 2025 financial results after market close on Wednesday, October 29, 2025. The Teekay Group will host a conference call on Thursday, October 30, 2025, at 11:00 a.m. (ET) to discuss these results, accessible via phone or webcast on their website. The earnings presentation will also be available on www.teekay.com prior to the call.
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Teekay Tankers (TNK) Gains Following Delay in Carbon Tax for Shipping

https://finance.yahoo.com/news/teekay-tankers-tnk-gains-following-061215900.html
Teekay Tankers Ltd. (TNK) saw its share price surge by 9.63% following a decision by the International Maritime Organization to postpone a global carbon price on international shipping for a year. This delay, which faced opposition from Saudi Arabia and the Trump administration, provided a boost to shipping stocks. The carbon tax was intended to help the shipping industry achieve net-zero emissions by around 2050.

Oxbow Advisors LLC Takes $4.07 Million Position in Teekay Tankers Ltd. $TNK

https://www.marketbeat.com/instant-alerts/filing-oxbow-advisors-llc-takes-407-million-position-in-teekay-tankers-ltd-tnk-2025-10-17/
Oxbow Advisors LLC has acquired a new stake of $4.07 million in Teekay Tankers Ltd. (NYSE:TNK) during the second quarter, purchasing 97,654 shares. Other institutional investors also adjusted their positions in the shipping company. Teekay Tankers recently announced a quarterly dividend and analysts have set new price targets for the stock.

Credit Industriel ET Commercial Lowers Holdings in Teekay Tankers Ltd. $TNK - MarketBeat

https://www.marketbeat.com/instant-alerts/filing-credit-industriel-et-commercial-lowers-holdings-in-teekay-tankers-ltd-tnk-2025-10-14/
Credit Industriel ET Commercial decreased its stake in Teekay Tankers Ltd. by 22.0% in the second quarter, now holding 0.06% of the company. Conversely, GAMMA Investing LLC significantly increased its position by 3,882.5%. Teekay Tankers also announced a quarterly dividend of $0.25, yielding 2.0% annually, and its stock is trading up 0.5%.

Teekay Tankers Ltd. Reports Q2 2025 Financial Results and Declares $0.25 Cash Dividend

https://www.quiverquant.com/news/Teekay+Tankers+Ltd.+Reports+Q2+2025+Financial+Results+and+Declares+%240.25+Cash+Dividend
Teekay Tankers Ltd. announced its Q2 2025 financial results, declaring a $0.25 per share fixed cash dividend payable on August 22, 2025, to shareholders of record as of August 11, 2025. The company operates a fleet of 37 double-hull tankers and combines spot market trading with fixed-rate contracts. While the dividend signals financial stability, the initial press release lacked detailed financial performance data, which the company indicates can be found on its website.

Teekay Unveils 2024 Annual Report: Inside Look at 60-Vessel Fleet Operations

https://www.stocktitan.net/news/TK/teekay-group-announces-availability-of-annual-reports-on-form-20-f-z3uq2jakn9wt.html
Teekay (NYSE:TK) and Teekay Tankers (NYSE:TNK) have released their Annual Reports on Form 20-F for the fiscal year ended December 31, 2024, detailing their operations as leading providers of international crude oil marine transportation and services. The Teekay Group manages approximately 60 conventional tankers and marine assets, employing 2,300 across eight countries, with the reports accessible on www.teekay.com and filed with the SEC. Teekay Tankers' fleet comprises 37 double-hull tankers, five time-chartered-in tankers, and a 50% stake in a VLCC, operating through spot market trading and fixed-rate time charters, alongside ship-to-ship transfer services.
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Teekay Profit Rises to $169MM on Higher Spot Rates

https://www.rigzone.com/news/teekay_profit_rises_to_169mm_on_higher_spot_rates-12-may-2023-172765-article/
Teekay Tankers Ltd. reported a net income of $169.368 million for the first quarter, a significant increase from the previous quarter, driven by record-high tanker spot rates. The company's adjusted net profit reached $174.918 million, and it expects strong fleet supply fundamentals to help navigate potential headwinds like oil production cuts and a global economic slowdown. Teekay declared a fixed quarterly cash dividend of $0.25 per common share plus a $1.00 special cash dividend and established a $100 million share repurchase program.

Teekay Group to Announce First Quarter 2022 Earnings Results on May 12, 2022

https://finance.yahoo.com/news/teekay-group-announce-first-quarter-200500083.html
Teekay Corporation (NYSE:TK) and Teekay Tankers Ltd. (NYSE:TNK) announced they will release their first quarter 2022 financial results before market open on Thursday, May 12, 2022. Teekay Tankers will host a conference call on the same day at 11:00 a.m. (ET) to discuss its results, with access available via phone or webcast on Teekay’s website. The article also provides background on both Teekay and Teekay Tankers, detailing their operations and fleet information.

Teekay Tankers completes acquisition of Tanker Investments

https://splash247.com/teekay-tankers-completes-acquisition-tanker-investments/
Teekay Tankers has finalized its acquisition of Oslo-listed Tanker Investments (TIL) through a share-for-share merger, a deal initially announced in June. This acquisition adds 18 vessels to Teekay Tankers' fleet, expanding it to a total of 60 tankers. TIL, which was established by Teekay Corporation and Teekay Tankers in 2014 to capitalize on cyclical tanker market fluctuations, is now a wholly owned subsidiary of Teekay Tankers.

Shareholder dismisses Teekay Tankers’ plans to buy out Tanker Investments

https://splash247.com/shareholder-dismisses-teekay-tankers-plans-buy-tanker-investments/
Huber Capital Management, a key shareholder with a 10.3% stake in Teekay Tankers, announced its opposition to Teekay Tankers' proposed acquisition of Tanker Investments. The fund manager criticizes the deal as continued sub-optimal capital deployment and believes it favors Teekay Corporation's interests over Class A shareholders. Huber Capital highlights poor share price performance and capital allocation at Teekay Tankers, stating a significant gap between the company's intrinsic value and its current share price.

Tanker Major Chooses G-Type Engine

https://www.marinelink.com/news/chooses-tanker-engine354496
Teekay Tankers Ltd. has contracted STX Offshore & Shipbuilding to build four 113,000-dwt product tankers, each powered by an MAN B&W G60ME-C engine. These G-type engines are chosen for their fuel efficiency, offering 20 to 30 percent fuel savings compared to existing vessels, and their ability to meet IMO environmental standards. This move reflects a market trend toward optimizing propulsion efficiency with larger propellers and lower-speed engines.
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Teekay Corporation CEO Bjorn Moller to Retire in 2011

https://gcaptain.com/teekay-corporation-bjorn-moller/
Teekay Corporation announced that its CEO, Bjorn Moller, plans to retire in the spring of 2011 after 25 years of service. Moller will remain on the Board of Directors, and Peter Evensen, current Chief Strategy Officer and Executive Vice President, has been appointed as CEO-elect. Under Moller's leadership, Teekay grew significantly from a regional operator to a global marine midstream service company with approximately $10 billion in assets.

MAN B&W Tier-II Engine Ready For Delivery

https://www.marinelink.com/news/delivery-tierii-engine333548
The first Tier-II compliant MAN B&W engine has completed production at HHI-EMD in Korea and is ready for delivery to power a Teekay shuttle tanker. This marks a significant milestone in MAN Diesel's strategy to make its entire two-stroke engine portfolio compliant with IMO Tier-II emission limits by 2011, achieved through cooperation with its licensees. The engine's production was driven by Teekay's requirement for DNV Clean-Design Notation.
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