Daily Capesize Review 12/10/21

Capesize freight rates fell further on steep selloff market actions, amid thin tonnage volumes and good market fundamentals. The Capesize 5 time charter average, then slipped down by $3,187 day-on-day to $79,535 on Tuesday, as paper market extended losses. The Baltic Dry Index (BDI) also dropped by $110, down 2% day-on-day, to $5,378, due to …

ENGINE: Global Physical Bunker Market Update 12/10/21

Bunker prices have moved in mixed directions today, as Brent values have been volatile throughout most of the day. Changes in the day to 08.00 GMT today:   VLSFO prices up in Rotterdam ($20/mt), Fujairah ($7/mt), Gibraltar ($6/mt), and down in Houston and Singapore ($18/mt) LSMGO prices up in Fujairah ($30/mt), Singapore ($27/mt), Gibraltar ($12/mt), …