Daily Capesize Review 26/4/21

Capesize freight rates continued upward momentum amid bullish iron ore outlook and good Chinese pre-Labour Day restocking activities. The Capesize 5 time charter average then inched up by $585 day-on-day to $35,347 on Monday, due to better market outlook. The Baltic Dry Index (BDI) then rose slightly by 0.72% or 20 points on-day to 2,808 …

FIS Fuel Oil Morning Report 27/04/21

At 11:38 am Singapore time (0338 GMT), the ICE Brent June contract was up 38 cents/b (0.58%) from the April 26 settle at $66.03/b, while the June NYMEX light sweet crude contract was up 38 cents/b (0.6%) at $62.29/b.   Oil prices felt the downwards pressure of the increasing worry surrounding the Coronavirus situation in …