Daily Capesize Review 6/7/21

Capesize freight rates dipped lower in the oversupplied market, despite some comeback during the trading session. The Capesize 5 time charter average, then dropped down by $464 day-on-day to $27,309 on Tuesday, due to selling pressure during the session. The Baltic Dry Index (BDI) also slipped by 1.40% day-on-day, down 45 points to 3,179 readings, …

ENGINE: Americas Bunker Fuel Market Update 6/7/21

ENGINE: Americas Market Update Bunker prices have mixed directions in the Americas amid a day of volatile Brent futures.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($5/mt), Zona Comun ($1/mt), and down in Houston and Los Angeles ($4/mt) and New York ($2/mt) LSMGO prices down in …