Daily Capesize Review 7/10/21

Capesize freight rates gained slightly, despite the absence of Chinese participants for long holidays celebration. The Capesize 5 time charter average, then inched up by $83 day-on-day to $86,953 on Thursday, as tight tonnage supplies continued to support freight rates. The Baltic Dry Index (BDI) also inched up by $3, up 0.05% day-on-day, to $5,650, …

ENGINE: Americas Bunker Fuel Market Update 07/10/21

Bunker prices have moved in mixed directions across the Americas as Brent’s decline has slowed after sharp losses yesterday.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Los Angeles ($11/mt), Balboa ($7/mt) and Zona Comun ($5/mt), and down in Houston ($8/mt) and New York ($4/mt) LSMGO prices …