Topic
Shipping Industry
Teekay Tankers hits 52-week high after surging 88.8% this year
Teekay Tankers shares reached a new 52-week high of $100.91, supported by an 88.8% year-to-date surge and consistent quarterly earnings beats.
China and Russia push Arctic sea route as Suez alternative
China's latest convoy of container ships sailed the Northern Sea Route from Ningbo to Felixstowe, halving the voyage of the Suez Canal. Shippers face global chokepoints and fragile ecosystems.