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

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.

January 26th is Australia Day, a chance to celebrate all things Australian: vegemite, sporting prowess, BBQs