*As Laura exits, U.S. energy firms tally damage As the tail end of Laura sweeps north east and is downgraded to tropical storm, US energy firms are organizing for crews to be sent to offshore rigs to assess the damage caused by the 150mph winds. Power was cut from the homes of 650,000 people. Equinor …
Category archives: News
Gone With the Wind – Ship Shape Commodity Weekly
Dominating the news this week has not been the hopeless story of a Southern girl’s love for a married man, but rather the twin storms in the Gulf of Mexico. The bluster behind this story left oil and tanker markets in a spin with impending disruption and shutdowns. As of late Thursday, Hurricane Laura …
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Morning Oil Report 28/8/20
Good morning all. Brent futures for October, set to expire on Friday, rose 2 cents to $45.11 a barrel at 4:09 am GMT. The November contract climbed 3 cents to $45.63. WTI futures were down 3 cents, or 0.1%, to $43.01 a barrel. Hurricane Laura, a Category 4 storm, made landfall along the USGC …
London Iron Ore Market Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): +1 813 490 6630
Supramax & Handysize FFA Daily Report
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Capesize & Panamax FFA Daily Report
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Evening Oil Report 27/8/20
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Daily Agri-Freight Report 27/8/20
Click below link to view the Agri-freight report https://fisapp.com/wp-content/uploads/2020/08/Agri-Freight-Report-27.08.20.pdf For more information please contact FIS Agri freight Desk luisf@freightinvestor.com London +44 (0) 207 090 1120 Direct +44 (0) 7543223444
Capesize rates corrects despite healthy shipping demand
Capesize freight rates dipped slightly despite better shipping demand seen in both basins that kept up the bullish market momentum. Thus, the Capesize 5 time charter average faced some correction and fell by $117 day-on-day to $18,896 on Wednesday. Following the dip, the Baltic Dry Index (BDI) dropped by 0.59% day-on-day to 1,509 readings. …
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Oil Through the Looking Glass 27/8/20
*WTI edges higher but products dip as US Gulf braces for Laura US crude was on the up as of 26th August as the region prepares for hurricane Laura, which is sweeping across the southern coast, yet demand for other products weakens S&P reports. NYMEX October WTI settled higher at $0.04 for the day whilst …