The parent of US-listed shipowner Teekay Tankers has boosted its stake in a series of share deals.

Teekay Corp has spent $29.1m buying 505,600 A-class shares in the suezmax, aframax and LR2 specialist, a filing to the US Securities & Exchange Commission shows.

Tanker owners bullish and rates rise as Libyan terminals come back to life
 Read more

Purchases were carried out in the past month.