Category archives: News

Daily Capesize Review 17/9/21

Capesize freight rates rebounded from a series of corrections, after gains were made in both basins. The Capesize 5 time charter average, then rose by $959 day-on-day to $53,240 on Friday, despite the absence of Chinese trade participants as they prepared for holiday celebrations. The Baltic Dry Index (BDI) then jumped by $60, up 1.42% …

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ENGINE: East of Suez Bunker Fuel Market Update 17/9/21

Bunker prices are mostly down across East of Suez hubs as Brent has slipped on the day.   Changes on the day to 16.00 SGT (08.00 GMT) today: · VLSFO prices down in Singapore ($6/mt), Fujairah ($4/mt) and Zhoushan ($2/mt) · LSMGO prices down in Fujairah ($12/mt), Singapore ($5/mt) and steady in Zhoushan · HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 17/9/21

European and African bunker prices are hovering close to two-months highs after a day of steady levels.   Changes on the day to 08.00 GMT today: · VLSFO prices steady in Rotterdam, and down in Durban ($3/mt) and Gibraltar ($2/mt) · LSMGO prices steady in Gibraltar, and down in Rotterdam ($3/mt) and Durban ($2/mt) · …

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Ferrous trade weekly review 17/9/21

A total of 680,000 mt of iron ores was traded for the week ended Sep 17, down 19.05% on-week, amid price correction phrase for iron ore. Restocking of iron ore failed to pick up for the week, which typically will see more iron ore procurement ahead of the Golden week in early October. During the …

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