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Please click below to view the report Index Report below 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): …
Continue reading “Capesize and Panamax FFA Daily Report 10/11/21”
News Headlines: Oil rises on surprise U.S. crude stockpile decline (Reuters) Oil prices rose on Wednesday, extending strong gains in the previous session, after industry data showed U.S. crude stocks unexpectedly fell last week just as near-term travel demand picked up with COVID-19 pandemic curbs easing. Brent crude futures were at $85.22 a barrel …
Capesize freight rates showed more improvement with better spot demand in both the Pacific and Atlantic basins. The Capesize 5 time charter average, then rose by $2,461 day-on-day to $30,475 on Tuesday, recovering from recent corrections. The Baltic Dry Index (BDI) then moved up by $87, up by 3.20% day-on-day, to $2,805, due to improving …
Please click below to view the report Index Report below 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): …
Continue reading “Capesize and Panamax FFA Daily Report 09/11/21”
News Headlines: Oil steady amid rosier outlook for global economy, fuel demand (Reuters) Oil prices were steady on Tuesday after two straight sessions of gains as the passage of a U.S. infrastructure bill, strong Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand. Brent crude was down 2 cents at …
Capesize freight rates continued to book gains with improving demand in the Pacific amid thin trading activity. The Capesize 5 time charter average, then inched up by $815 day-on-day to $28,014 on Monday, recovering from recent corrections. The Baltic Dry Index (BDI) reflected the freight improvement with hike of $3, up slightly by 0.11% day-on-day, …
Please click below to view the report Index Report below 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): …
Please click below to view the report Index Report below 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 …
News Headlines: Oil gains after U.S. infrastructure bill passes, Chinese exports rise (Reuters) Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia’s state-owned producer Aramco raised the official selling price for its crude. Brent crude was up by 86 cents or …
Capesize freight rates recovered some lost ground, despite bearish market sentiment over softening demand and lengthy ballaster list. The Capesize 5 time charter average, then inched up by $489 day-on-day to $27,199 on Friday, rebounding from recent slumps. The Baltic Dry Index (BDI) followed market corrections and dropped by $54, down 1.95% day-on-day, to $2,715, …