Norway-listed Altera Shuttle Tankers is optimistic about its prospects this year as it continues to focus on long-term charter cover.
The company changed its name in March from Teekay Shuttle Tankers to reflect its new ownership by investment fund Brookfield.
With tankers continuing to ride high despite the coronavirus pandemic, Altera said in its annual report that it "expected to continue to generate strong cash flow during 2020".
