Teekay Tankers has continued to rid its fleet of older vessels as it heads towards a merger with Tankers Investments Ltd with the backing of a major shareholder.
New York-listed Teekay Tankers announced the sale of a second older aframax as it reported its third quarter results today.
It follows the exit of the 113,000-dwt Kanata Spirit (built 1999) to OceanGold in September.
