en.Wedoany.com Reported - US-listed tanker owner Teekay Tankers has announced that it has agreed to acquire two Suezmax tanker resales for $190 million to expand and renew its mid-sized crude oil tanker fleet.
The Suezmax tankers are being built by a Korean shipyard, with an acquisition price of $95 million per vessel, and are expected to be delivered in 2027. For reference, recent Suezmax tanker orders placed with Korean shipbuilder Samsung Heavy Industries have a unit price of approximately $90 million. In comparison, Teekay Tankers' acquisition price per vessel is about $5 million higher (approximately RMB 33.97 million).
Teekay Tankers has not yet disclosed the seller, shipyard, or specific vessel parameters for this transaction. With the public announcement of this purchase plan, Teekay Tankers joins a growing number of tanker owners who are securing quickly deliverable berths from Korean shipyards through the secondhand market.
The acquisition of these two Suezmax tanker resales is part of Teekay Tankers' extensive fleet renewal program. A company representative noted: "The company is continuously advancing its fleet renewal program, selling older vessels while acquiring modern ones. Since the beginning of the year, the company has completed or finalized the acquisition of five mid-sized tankers, while simultaneously completing or finalizing the sale of four older tankers."
In the first quarter of 2026, Teekay Tankers completed multiple transactions in the secondhand tanker market, aligning with its fleet renewal program. During the quarter, the owner spent $141.5 million to acquire three Aframax tankers built in 2016, while selling two Suezmax tankers built in 2007 and 2009 respectively, generating total proceeds of $73 million and recording a gain of $22.7 million.
Entering the second quarter, Teekay Tankers continues to advance its fleet restructuring: In May, the owner sold a 2009-built Suezmax tanker for $53.5 million; a Very Large Crude Carrier (VLCC) announced for sale in February for $84.5 million will be delivered to its new owner in June. These two transactions are expected to generate approximately $55 million in gains in the second quarter.
The VLCC about to change hands is the last vessel in Teekay Tankers' VLCC fleet. Upon completion of the transaction, the owner will officially exit the VLCC segment, focusing its future operations on the Aframax and Suezmax tanker business.
According to its official website, Teekay Tankers was established by Teekay Corporation in December 2007. Prior to the completion of the aforementioned agreed-upon sale transactions, the owner currently operates a fleet of 38 vessels, of which 33 are owned — 14 Suezmax tankers, 18 Aframax/LR2 tankers, and 1 VLCC.
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