Shares in Tanker Investments Ltd took a turn for the better today driven by stronger-than-charted earnings and a shift in strategy.

As TradeWinds reported this morning, the Teekay spin-off was pivoting from its fleet-asset play strategy to taking on charter coverage to navigate a soft part of the cycle.

Oslo-listed TIL saw its stock turn up by over 5% to NOK 50 per share today.

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