Teekay Tankers Ltd. is an international provider of marine services to the oil and natural gas industries. The Company�s business is to own crude oil and product tankers. The Company�s operations are managed by Teekay Tankers Management Services Ltd., a subsidiary of Teekay Corporation, which provides to it commercial, technical, administrative and strategic services. The Company owns a fleet of 27 double-hull vessels, including 11 Aframax tankers, 10 Suezmax tankers, three Long Range 2 (LR2) product tankers, three Medium-Range (MR) product tankers and has contracted six time charter-in Aframax tankers and four time charter-in LR2 product tankers. Teekay Tankers' vessels are employed through a mix of short- or medium-term fixed-rate time charter contracts and spot tanker market trading, and its vessels are commercially and technically managed by a joint venture company in which Teekay Tankers and Teekay Corporation each own a 50% interest.