Teekay Tankers is already making more money in the final three months as it revealed a big profit for the third quarter.
The New York-listed owner said spot rates were strong in the July to September period, at $33,200 per day for suezmaxes and $35,900 per day for aframaxes, bucking seasonal trends.
Rates levels are the highest since 2008, it said, and they continue to improve.