Teekay Tankers is not looking to grow despite lower asset values and talk of consolidation in the sector.
Kevin Mackay, the chief executive of the New York-listed Teekay Corp spinoff, told analysts today that the tanker owner would rather focus on integrating its acquisitions from last year into its business.
After all, Teekay Tankers took on 19 modern aframax and suezmax tankers last year, in addition to taking full ownership of its lightering tanker joint venture with IM Skaugen.
"While
