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TNK - Teekay Tankers: Crude Tanker Spot Rates Are Improving
Teekay Tankers Ltd.
During the fourth quarter, Teekay Tankers announced a total adjusted net loss of $24.96 million, or $0.74 per share, decreasing from a loss of $50.15 million, or $1.48 per share.
We have recently experienced some encouraging signs about the ongoing recovery in spot tanker rates, but the market is still weak and, above all, unpredictable.