Teekay Tankers .(TNK) - 2023 Q3 - Earnings Call Transcript
Teekay Tankers .(TNK)2023-11-03 05:16
As voyages agreed during the latter part of Q3 and early October are completed and replaced by those reflecting the more recent higher spot market, we expect our own spot rate results to strengthen as we move further through the quarter, provided rates remain firm. Importantly, I would highlight the value being created by TNK's eight-vessel chartered-in fleet, with six trading in the strong spot market with an average in-charter rate of $25,400 per day. The chartered-in fleet has a current mark-to-market va ...