Monthly archives: November 2021

ENGINE: East of Suez Bunker Fuel Market Update 10/11/21

East of Suez fuel prices are up with Brent crude, and stems have been disrupted amid rough weather in South Korean ports.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($22/mt), Fujairah ($14/mt) and in Zhoushan ($11/mt) LSMGO prices up in Singapore ($20/mt), Zhoushan ($13/mt) and in …

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ENGINE: Europe & Africa Bunker Fuel Market Update 10/11/21

Low sulphur bunker prices have surged on the back of higher crude values in Europe and Africa, and supply remains tight in the Gibraltar region.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($15/mt), Rotterdam ($12/mt) and Durban ($9/mt) LSMGO prices up in Gibraltar ($22/mt), Rotterdam ($19/mt) and Durban …

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Morning Tanker FFA Report 10/11/21

News Headlines:   Oil rises on surprise U.S. crude stockpile decline (Reuters) Oil prices rose on Wednesday, extending strong gains in the previous session, after industry data showed U.S. crude stocks unexpectedly fell last week just as near-term travel demand picked up with COVID-19 pandemic curbs easing. Brent crude futures were at $85.22 a barrel …

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Daily DCE Review 10/11/21

Iron ore futures closed lower at the day session, despite some rally in mid-session but failed to recover lost ground. The futures of Dalian Commodity Exchange (DCE) for January delivery then fell by 4.62% day-on-day or down RMB 26 to RMB 536.50/mt, during the day trading session on Wednesday. The rebar futures followed the dip …

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Daily Capesize Review 9/11/21

Capesize freight rates showed more improvement with better spot demand in both the Pacific and Atlantic basins. The Capesize 5 time charter average, then rose by $2,461 day-on-day to $30,475 on Tuesday, recovering from recent corrections. The Baltic Dry Index (BDI) then moved up by $87, up by 3.20% day-on-day, to $2,805, due to improving …

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Morning Oil Report 10/11/21

At 10:49 am Singapore time (0249 GMT), the ICE January Brent futures contract was up 38 cents/b (0.45%) from the previous close at $85.16/b while the NYMEX December light sweet crude contract rose 14 cents/b (0.17%) at $84.29/b.   The EIA in its latest Short-Term Energy Outlook said growth in output from OPEC+ members, US …

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Supramax and Handy FFA Report 9/11/21

Please click below to view the report         Index Report below           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): …

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