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Teekay Tankers Ltd   (TNK)
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Teekay Tankers Ltd 's Suppliers Performance

TNK's Supply Chain

 
TNK Costs vs Sales of Suppliers Growth Teekay Tankers Ltd 's Suppliers recorded increase in sales by 2.67 % year on year in Q4 2020, sequentially sales grew by 2.4 %, while their net profit margin fell to 20.34 % year on year, compare to previous quarter TNK's Suppliers had lower net margin at 2.4 %,

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Teekay Tankers Ltd 's Suppliers recorded increase in sales by 2.67 % year on year in Q4 2020, sequentially sales grew by 2.4 %, while their net profit margin fell to 20.34 % year on year, compare to previous quarter TNK's Suppliers had lower net margin at 2.4 %,

More on TNK Suppliers




Teekay Tankers Ltd 's Comment on Supply Chain


New Aframax, Suezmax, LR2 and MR tankers are generally expected to have a lifespan of approximately 25 to 30 years, based on estimated hull fatigue life. However, U.S. and international regulations require the earlier phase-out of existing vessels that are not double-hulled, regardless of their expected lifespan. The world Aframax crude tanker fleet consisted of 609 vessels, with an additional 45 Aframax crude oil tanker newbuildings on order for delivery through 2019; the world Suezmax crude tanker fleet consisted of 444 vessels, with an additional 58 Suezmax crude oil tanker newbuildings on order for delivery; the world LR2 product tanker fleet consisted of 258 vessels, with an additional 71 LR2 product tanker newbuildings on order; and the world MR product tanker fleet consisted of 1,412 vessels, with an additional 267 MR product tanker newbuildings on order. Currently, delivery of a vessel typically occurs within two to three years after ordering.


The supply of oil tankers is primarily a function of new vessel deliveries, vessel scrapping and the conversion or loss of tonnage. The level of newbuilding orders is primarily a function of newbuilding prices in relation to current and prospective charter market conditions. Another factor that affects tanker supply is the available shipyard capacity. The level of vessel scrapping activity is primarily a function of scrapping prices in relation to current and prospective charter market conditions and operating, repair and survey costs. Industry regulations also affect scrapping levels.

Demand for drybulk vessel and floating storage off-take units, to which tankers can be converted, strongly affects the number of tanker conversions.
For more than a decade, there has been a significant and ongoing shift toward quality in vessels and operations, as charterers and regulators increasingly focus on safety and protection of the environment. Since 1990, there has been an increasing emphasis on environmental protection through legislation and regulations such as OPA 90, International Maritime Organization (or IMO) regulations and protocols, and classification society procedures that demand higher quality tanker construction, maintenance, repair and operations. We believe that operators with proven ability to integrate these required safety regulations into their operations have a competitive advantage.


Teekay Tankers Ltd 's Comment on Supply Chain


New Aframax, Suezmax, LR2 and MR tankers are generally expected to have a lifespan of approximately 25 to 30 years, based on estimated hull fatigue life. However, U.S. and international regulations require the earlier phase-out of existing vessels that are not double-hulled, regardless of their expected lifespan. The world Aframax crude tanker fleet consisted of 609 vessels, with an additional 45 Aframax crude oil tanker newbuildings on order for delivery through 2019; the world Suezmax crude tanker fleet consisted of 444 vessels, with an additional 58 Suezmax crude oil tanker newbuildings on order for delivery; the world LR2 product tanker fleet consisted of 258 vessels, with an additional 71 LR2 product tanker newbuildings on order; and the world MR product tanker fleet consisted of 1,412 vessels, with an additional 267 MR product tanker newbuildings on order. Currently, delivery of a vessel typically occurs within two to three years after ordering.


The supply of oil tankers is primarily a function of new vessel deliveries, vessel scrapping and the conversion or loss of tonnage. The level of newbuilding orders is primarily a function of newbuilding prices in relation to current and prospective charter market conditions. Another factor that affects tanker supply is the available shipyard capacity. The level of vessel scrapping activity is primarily a function of scrapping prices in relation to current and prospective charter market conditions and operating, repair and survey costs. Industry regulations also affect scrapping levels.

Demand for drybulk vessel and floating storage off-take units, to which tankers can be converted, strongly affects the number of tanker conversions.
For more than a decade, there has been a significant and ongoing shift toward quality in vessels and operations, as charterers and regulators increasingly focus on safety and protection of the environment. Since 1990, there has been an increasing emphasis on environmental protection through legislation and regulations such as OPA 90, International Maritime Organization (or IMO) regulations and protocols, and classification society procedures that demand higher quality tanker construction, maintenance, repair and operations. We believe that operators with proven ability to integrate these required safety regulations into their operations have a competitive advantage.



TNK's Suppliers Net profit fell by TNK's Suppliers Net margin fell in Q4 to
-7.96 % 20.34 %


Teekay Tankers Ltd 's Suppliers Sales Growth in Q4 2020 by Industry

Suppliers in Construction & Mining Machinery Industry -7.14 %   
Suppliers in Property & Casualty Insurance Industry      9.3 %
Suppliers in Money Center Banks Industry      6.37 %
Suppliers in Regional Banks Industry      35.35 %
Suppliers in Commercial Banks Industry -5.67 %   
     
• TNK Suppliers Valuation • TNK Segment Rev. Growth • TNK Segment Inc. Growth • TNK Suppliers Mgmt. Effect.





TNK's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Teekay Tankers Ltd 0 886 87 1,239
The Manitowoc Company inc 889 1,469 -14 12,300
Bank Of America Corporation 370,887 85,582 21,934 224,000
National Bank Of Greece Sa 0 1,434 -276 10,723
Nbt Bancorp Inc 1,768 411 110 1,721
Park National Corporation 2,105 402 107 1,793
Privatebancorp, Inc 5,031 505 123 1,219
Texas Capital Bancshares Inc 3,543 897 155 1,329
Allegiance Bancshares Inc 829 204 60 305
Atlantic Capital Bancshares inc 568 96 34 361
Ajs Bancorp, Inc. 0 0 0 40
American National Bankshares Inc 388 97 33 303
American River Bankshares 117 28 8 100
Arrow Financial Corporation 580 130 53 511
Cordia Bancorp Inc 0 0 0 55
Commerce Bancshares Inc 9,454 1,280 438 4,391
California First National Bancorp 183 24 8 107
Cullen 8,003 1,252 392 4,211
Community First Inc 0 20 4 106
Commercial Bancshares Inc Oh 0 0 0 72
Congaree Bancshares Inc 0 0 0 20
Citizens Bancshares Corp 0 0 0 97
Dcb Financial Corp 0 0 0 164
Embassy Bancorp Inc 147 40 14 76
Equity Bancshares Inc 457 151 -61 297
First Business Financial Services Inc 237 97 23 258
Fidelity D and D Bancorp Inc 280 61 16 164
F and m Bank Corp 97,159 43 24 168
First Nbc Bank Holding Co 0 0 0 486
Fncb Bancorp Inc 151 52 19 269
Franklin Financial Services Corporation 136 57 16 250
First National Corp 87 35 9 187
Hills Bancorporation 599 138 47 391
Hcsb Financial Corp 60 28 24 90
County Bancorp Inc 150 53 15 97
Isabella Bank Corp 185 63 17 374
Juniata Valley Financial Corp 83 25 6 105
Lnb Bancorp Inc 0 0 0 272
Mackinac Financial Corp 228 65 14 173
National Bank Holdings Corp 1,292 330 100 956
National Commerce Corp 685 119 25 289
Nicolet Bankshares Inc 0 0 0 280
New Peoples Bankshares Inc 50 31 3 242
Prosperity Bancshares Inc 6,977 1,140 531 3,037
Pilgrim Bancshares, Inc. 48 8 1 34
Prime Meridian Holding Co 69 20 6 56
Sb Financial Group, Inc. 0 0 0 214
Southeastern Bank Financial Corp 0 64 16 346
Smartfinancial Inc 358 117 31 225
Sun Bancorp Inc 470 74 62 362
Sunnyside Bancorp Inc 12 2 0 15
Square 1 Financial Inc 0 0 0 258
Surrey Bancorp 0 0 0 64
T Bancshares, Inc. 0 0 0 39
Mufg Americas Holdings Corporation 0 5,894 836 12,400
United Bancshares Inc 94 59 17 151
United Bancshares Inc 0 4 0 173
Uwharrie Capital Corp 55 47 12 156
Washington Trust Bancorp Inc 931 230 78 582
Wilson Bank Holding Co 0 135 41 446
Wsfs Financial Corporation 2,547 525 119 947
Investors Bancorp Inc 3,535 712 219 1,712
West Bancorporation Inc 467 85 36 174
Orix Corp 108,970 21,203 2,852 33,333
Nomura Holdings Inc 17,602 18,154 2,040 28,865
Mizuho Financial Group Inc 77,888 18,889 989 56,375
Newstar Financial, Inc. 489 89 20 122
Aspen Insurance Holdings Limited 0 2,836 -40 0
Aspira Womens Health Inc 555 -641 -92 1,433
Axis Capital Holdings Ltd 4,820 4,982 181 1,225
Protective Insurance Corp 331 469 4 0
China United Insurance Service Inc 55 124 3 2,239
Emc Insurance Group Inc. 780 722 32 1
Endurance Specialty Holdings Ltd. 0 2,539 283 1,154
Enstar Group Ltd 5,422 1,897 1,096 1,327
Horace Mann Educators Corporation 1,670 1,326 154 1,350
James River Group Holdings Ltd 1,054 658 -166 367
Kingsway Financial Services Inc 110 66 -2 305
Kingstone Companies Inc 87 131 1 69
Kemper Corporation 5,181 5,329 591 5,600
Mercury General Corporation 3,732 4,069 621 4,500
Markel Corporation 16,838 12,300 2,813 10,600
National Interstate Corp 0 0 0 715
Navigators Group Inc 2,090 1,527 2 675
Onebeacon Insurance Group, Ltd. 1,734 1,242 147 1,150
United Fire Group Inc 838 1,192 -21 1,057
United Insurance Holdings Corp 250 832 -101 119
Unico American Corp 25 33 -21 86
Universal Insurance Holdings Inc 454 1,100 25 392
White Mountains Insurance Group ltd 0 1,418 693 2,973
Alleghany Corp 10,128 10,067 726 3,135
SUBTOTAL 782,998 216,887 38,310 449,910


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