New Director for Team Tankers

Danielle Leone, a member of the Board of Directors of Team Tankers International Ltd. has recently resigned as Director of the Company. Mr. Bryce Fraser has, in accordance with the Company’s bye-laws, been appointed as a Director of the Company, effective immediately, as Danielle Leone’s successor.

Mr. Bryce Fraser is a Managing Director within the distressed debt group at Angelo, Gordon & Co. Mr Fraser joined Angelo Gordon in 2016. Previously, he worked at Watershed Asset Management, Fortress Investment Group, Merrill Lynch and Credit Suisse. He has a BS from Penn State University and an MBA from the Tuck School of Business at Dartmouth.

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