FIS Castaway Podcast – Episode 71 08/09/21

    FIS Castaway Podcast – Episode 71   Where will these markets go? Freight, iron ore and oil get the technical treatment, with our Senior Technical Analyst Ed Hutton in this week’s podcast.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-71/   Spotify – https://open.spotify.com/episode/3q2iLyHcb4DkxZVE7BBz75?si=P1I8wE9qQs-dfiSI9AjMuw&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-71/id1507094242?i=1000534685465           Disclaimer: This …

Capesize Technical Report (Harami signal buyside support) 08/09/21

Please click below to view the report         For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630

ENGINE: Europe & Africa Bunker Fuel Market Update 8/9/21

Bunker prices have taken mixed directions across European and African bunkering ports in the past day, and St. Petersburg and Ust-Luga continue to price VLSFO well below Rotterdam and other ports.   Changes on the day to 08.00 GMT today: VLSFO prices steady in Gibraltar, and down in Durban ($3/mt) and Rotterdam ($6/mt) LSMGO prices …

ENGINE: East of Suez Bunker Fuel Market Update 8/9/21

East of Suez bunker prices are mostly up on the day, and Fujairah’s fuel oil stocks have grown amid weaker demand.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah and Zhoushan ($5/mt) and Singapore ($1/mt) LSMGO prices up in Fujairah and Zhoushan ($34/mt), and down in Singapore …

Daily DCE Review 8/9/21

Iron ore futures managed to eke out a gain by the end of Wednesday day session, after a choppy market under selling pressure. The futures of Dalian Commodity Exchange (DCE) then inched up by 0.07% day-on-day or RMB 0.50 to RMB 747/mt, after a late rally to rebound from losses, during the day trading session …

FIS Morning Report Tanker FFA 08-09-21

News Headlines: OIL DAYBOOK EUROPE: Iran Signals No Let Up to Atomic Escalation (Bloomberg) Iran’s new government continued to dramatically increase production of highly-enriched uranium while failing to resume full cooperation with international monitors, signaling a new round of escalation awaits officials when they convene this month to discuss the country’s atomic program. * OIL …

Daily Capesize Review 7/9/21

Capesize freight rates slid downward on lower bookings, despite active fixtures as freight market headed for more corrections. The Capesize 5 time charter average, then dropped by $2,245 day-on-day to $42,220 on Tuesday, after a volatile market. The Baltic Dry Index (BDI) then fell by $115, down 3.01% day-on-day, to $3,707, due to softening freight …