Teekay Tankers has confirmed deals worth $95.5m for three of its ageing vessels.
The New York-listed firm has offloaded a pair of unnamed 2009-built suezmaxes and one 2006-built LR2, which should deliver a gain of about $30.5m in the first quarter.
Earlier this month S&P sources listed four Bohai-built 159,000 dwt units; the Tianlong Spirit, Jiaolong Spirit, Dilong Spirit, and Shenlong Spirit as sold to George Procopiou’s Dynacom Tankers for $35m each.
According to Teekay’s fleet list, the Shenlong Spirit left the fleet this month. The second vessel is expected to be delivered before the end of March, the company said in its earnings report.
The LR2 sale was also completed in February, with brokers placing the Donegal Spirit, renamed Bourda, with another Greek owner IMS, known for picking up Teekay’s tonnage in the past.
In addition to the new sales, the company wrapped up the previously-announced deals for two 2005-built tankers at a gain of $27.9m booked in the fourth quarter, bringing the total secured on the five-ship sale to about $58m.
Kenneth Hvid-led Teekay currently owns 23 suezmaxes, including the one agreed for sale, and 16 aframax/LR2 tankers. The company also has five chartered-in ships and a 50% stake in the VLCC Hong Kong Spirit joint venture.
