US-listed Teekay Tankers has inked a sale and leaseback deal that should boost liquidity by $36m.
It said it had a signed a term sheet to offload seven conventional tankers and charter them back over 10 to 12 years. The buyer was not revealed.
The unnamed vessels consist of three suezmaxes, two aframaxes and two LR2s.
Teekay is paying an average charter fee of $7,200 per day.
