Teekay Tankers Exits MR2 Tanker Sector

Teekay Nasdaq-listed tanker shipping company Teekay Tankers has decided to exit the MR2 tanker sector as it reached an agreement to sell its final MR2 chemical tanker Hugli Spirit, according to data provided by VesselsValue. The 46,900 dwt vessel, which features a length of 183 meters and a width of 32 meters, was sold for a price of USD 13 million to an undisclosed buyer. VesselsValue data shows that the tanker has a market value of around USD 14 million. Built in 2005 by South Koreas shipbuilder Hyundai Mipo, the tanker was a part of the company fleet of 47 vessels. Following the completion of the sale, Teekay Tankers will operate a fleet consisted of Aframax, Suezmax, LR2 and LR3 tankers, which feature a total of over 5.8 million dwt. World Maritime News Staff