Category archives: News

Daily Capesize Review 11/6/21

Capesize freight rates rallied on better shipping fundamentals with improving demand seen in the Atlantic basin. The Capesize 5 time charter average, then went up by $3,713 day-on-day to $27,752 on Friday, due to improving basins despite Chinese holidays period. The Baltic Dry Index (BDI) also went up by 7.04% or 188 points on-day to …

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FIS Fuel Oil Morning Report 14/06/21

Brent crude was up 33 cents, or 0.5%, at $73.02 by 0455 GMT. It earlier rose to $73.12, the highest since May 2019, having gained 1.1% last week. U.S. West Texas Intermediate gained 31 cents, or 0.4%, to stand at $71.22 a barrel, earlier reaching $71.32, the highest since October 2018. The contract rose 1.9% …

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FIS Morning Report Tanker FFA 14-06-21

News Headlines: OIL DAYBOOK EUROPE: Oil Demand to Hit Pre-Virus Levels in 2022 (Bloomberg) Global oil demand will recover to pre- pandemic levels late next year, the International Energy Agency predicted, urging OPEC and its allies to keep markets balanced by tapping their plentiful spare production capacity     SUPERTANKER TRACKER: China-Bound Ships Rise; Korea …

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