Aegean Marine Petroleum exited the Singapore bunker fuel business this week, handing over to the Singapore Maritime and Port Authority

The outlook for dry bulk carriers appears strong, with a cycle peak expected later this year or in early 2019, according to JPMorgan.

A looming fall in VLCCs’ availability in the Middle East over the coming weeks could help boost the freight rate market in the weeks to come.

The balance of things appears to be fragile in the demolition market, as cash buyers, scrapyards and ship owners are tangled in a “wait-and-see” approach over the market’s future trends.