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Teekay Accepts Improved Brookfield Merger Offer

Brookfield will acquire all of the outstanding publicly held common units in exchange for USD 1.55 in cash per unit.

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The parties’ new shipping and logistics platforms provide a way to securely share cargo and vessel information.

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The 95,000 dwt vessels will be designed with Ice Class 1A specifications and will cost USD 37.7 million each.

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Eagle Bulk has taken delivery of the third of six recently acquired Ultramax drybulk vessels.

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Another eight seafarers remain unaccounted for.

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