Teekay Tankers has continued to offload ageing vessels, with deals reportedly struck with African buyers for a pair of suezmaxes.
S&P sources show the New York-listed firm has agreed to sell the 2009-built Cascade Spirit and Aspen Spirit to unnamed Nigerian interests for around $75m.
The en bloc deal suggests a significant premium, considering both vessels are estimated by Veson Nautical’s pricing platform VesselsValue, at $68m in total.
Teekay Tankers has been looking to dispose of its ageing tonnage, as more than 50% of its fleet is currently aged 15 years and older.
Excluding the most recent reported sales, the company let go of six tankers year-to-date, all built between 2006 and 2009.
The Kenneth Hvid-led outfit currently owns 20 suezmaxes, and 15 aframax/LR2 tankers as well as five chartered-in ships, four of which are aframax/LR2. One 2019-built LR2 tanker was recently acquired for $63m. Some brokers have identified the vessel as the Daehan-built 115,643 dwt Prostar.
