Bermuda-based shipping company Teekay Corporation added another Suezmax tanker, the Los Angeles Spirit, to its fleet on July 6.

After successful completion of the vetting process, the 159,200dwt vessel is now on its first voyage under Teekay technical management, according to the company.

The 2007-built Los Angeles Spirit features a length of 274 meters and a width of 48 meters.

The vessel was purchased as part of a batch of 12 Suezmax trankers from US-base Principal Maritime Tankers in August 2015.

The tankers were bought for a total of US$662m.

Teekay Tankers earlier received commitments from four of its lenders to provide a debt facility of US$400m to finance the purchase, which will be secured by the acquired vessels.