FIS Morning Report Tanker FFA 11 -10-21

News Headlines: OIL DAYBOOK EUROPE: Iran to Offer Crude in Return for Investment(Bloomberg) Iran plans to offer oil and gas condensate to “any investor” in exchange for either goods or capital investment in the Islamic Republic’s sanctions-hit energy sector, the country’s oil minister said. The ministry would welcome investment in both Iran’s upstream and downstream …

Daily Capesize Review 8/10/21

Capesize freight rates fell from a selloff in the paper market, despite more shipping activities as Chinese trade participants returned from holidays. The Capesize 5 time charter average, then went down by $3,088 day-on-day to $83,865 on Friday, despite some late rebound at the market close. The Baltic Dry Index (BDI) also dropped by $124, …

Supramax Nov 21 Morning Technical Comment – 240 Min 08/10/21

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FIS Morning Report Tanker FFA 08 -10-21

News Headlines: OIL DAYBOOK EUROPE: India Refiners Boost Run Rates; U.S. Reserve (Bloomberg) Oil refiners in major crude importer India are cranking up operating rates toward full capacity thanks to a fortuitous one-two lift from local and overseas markets that’s combining to stoke demand for diesel. Most state-owned companies now plan to run their refineries …

Daily Capesize Review 7/10/21

Capesize freight rates gained slightly, despite the absence of Chinese participants for long holidays celebration. The Capesize 5 time charter average, then inched up by $83 day-on-day to $86,953 on Thursday, as tight tonnage supplies continued to support freight rates. The Baltic Dry Index (BDI) also inched up by $3, up 0.05% day-on-day, to $5,650, …