Team Tankers International Ltd.: Application for delisting submitted to the Oslo Stock Exchange and Q2 2020 trading update

Hamilton, Bermuda - 5 August 2020

Team Tankers International Ltd. : Application for delisting approved by the Oslo Stock Exchange - last day of listing will be 30 September 2020

The Company's application for delisting its common shares from the Oslo Stock Exchange (the "OSE") was today approved by the OSE.

According to the OSE resolution, the shares in Team Tankers International Ltd. will be delisted from the Oslo Stock Exchange from 1 October 2020. The last day of listing will be 30 September 2020.

About Team Tankers International
Team Tankers International Ltd. is a leading tanker company committed to providing safe, reliable and incident free transport services to our worldwide customer base.

The Company transports a wide variety of cargoes including organic chemicals, non-organic chemicals, petroleum products, vegetable oils and lube oils. Team Tankers International Ltd. is listed on the Oslo Stock Exchange (OSE: TEAM).

Team Tankers International Ltd. press release