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Teekay Tankers emerges as buyer of aframax sold by Union Maritime
New York-listed Teekay Corp spin-off adds modern ship months after sales of older aframaxes
Baltic index drops for ninth straight session on weaker vessel rates
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dipped for the…
Dalian iron ore futures close slightly lower on weak China data
Dalian iron ore futures closed slightly lower on Wednesday after drifting in a narrow range, as market participants weighed weak…
Big-spending Adnoc quits small gas carrier segment with near $30m ship sale
Dubai-based operator has sold its only LEG to focus exclusively on larger ships
Panama Canal Continues Progress Toward Normal Operations
After experiencing one of the worst droughts in its history, Panama highlights it is continuing to move in the right…
TSB Report Raises Concerns Over Canada’s Response to Maritime Emergencies
The Transport Safety Board of Canada, the independent agency that looks to improve safety, issued its report on the 2021…
Indian Coast Guard Rescues Crew of Grounded Bulker
On Friday, the Indian Coast Guard rescued 14 crewmembers from a bulker that drifted aground off the coast of Mumbai…