SmarTrend identified a downtrend for Teekay Tankers (NYSE: TNK) on January 24, 2011 at $11.22. In approximately two months, Teekay Tankers has returned 14.1% as of the recent price of $9.64. Teekay Tankers is currently below its 50-day moving average of $11.56 and below its 200-day moving average of $12.05.
Yangzijiang Maritime Development has ordered 24 vessels from various Chinese shipyards for delivery between 2028 and 2030…
The headline grabbing global attention is simple enough: a shipowner reportedly paid more than $5 million for a single Panama Canal transit slot.
Foreign non-vessel-operating common carriers (NVOCCs) increasingly rely on U.S.-based logistics companies to serve as destination agents.
As political chatter centers on rebuilding the U.S. maritime industry, Brett Hewitt, Executive Director, Marine Finance,…
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