Category archives: News

Daily Capesize Review 24/0/5/21

Capesize freight rates spotted slight gains on the improving physical market, especially from better shipping demand in the Pacific market. The Capesize 5 time charter average then inched up by $232 day-on-day to $32,825 on Monday, as the paper market maintained its bullish run since last week. The Baltic Dry Index (BDI) also hiked up …

Continue reading “Daily Capesize Review 24/0/5/21”

FIS Fuel Oil Morning Report 25/05/21

Brent crude futures LCOc1 were up 14 cents, or 0.2%, at $68.60 a barrel by 0400 GMT, having jumped 3% on Monday. U.S. West Texas Intermediate futures CLc1 was up 8 cents at $66.13 a barrel, after gaining 3.9% the previous session.   The case for oil to remain on target to hit $80 is …

Continue reading “FIS Fuel Oil Morning Report 25/05/21”

FIS Morning Report Tanker FFA – 25-05-21

News Headlines: Benchmark Oil Tanker Rates Climb Again to Highest Since January (Bloomberg) TD3C climbed to ws36.96 – the highest since January 13th and on clean TC5  climbs to ws97.14 – highest since April 30th     Syrian Blames Israel for Mysterious Attacks on Oil Tankers (Bloomberg) Syria’s foreign minister blamed Israel for mysterious attacks …

Continue reading “FIS Morning Report Tanker FFA – 25-05-21”