Daily Capesize Review 1/9/21

Capesize freight rates continued its downward trajectory, with both basins came under selling pressures as tonnages began to return. The Capesize 5 time charter average, then fell further by $2,102 day-on-day to $46,987 on Wednesday, after much selling pressures. The Baltic Dry Index (BDI) followed the decline and dropped by $119, down 2.88% day-on-day, to …

Morning Tanker FFA Report 2/9/21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Sticks to Agreed Plan for Supply Hikes (Bloomberg) OPEC and its allies agreed to stick to their existing plan for gradual monthly oil-production increases after a brief video conference. * OIL FUTURES: Oil Declines After OPEC+ Alliance Agrees to Return More Barrels     As OPEC+ Plans More Oil, …

FIS Castaway Podcast – Episode 70 – 01/09/21

      FIS Castaway Podcast – Episode 70   Get in your gamble straddles and ride out Q4 in comfort? Hear about that suggestion and what’s been driving the freight and commodity markets in this week’s podcast.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-70/   Spotify – https://open.spotify.com/episode/6blIv7KxtIp2MQyMDygH1L?si=tucsNWN3S1GSvlDcXu8r-w&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-70/id1507094242?i=1000533971959       …

Daily Capesize Review 31/8/21

Capesize freight rates fell sharply after the recent rally, as the market consolidated, while profit takings continued in the paper market. The Capesize 5 time charter average, then plunged down by $2,010 day-on-day to $49,089 on Tuesday, after much selling pressures. The Baltic Dry Index (BDI) followed the decline and slid down by $103, down …

FIS Morning Report Tanker FFA 01-09-21

News Headlines: OIL DAYBOOK EUROPE: Asia Jet Fuel Recovery Grounded by Flare-Ups (Bloomberg) Jet-fuel demand in Asia suffered a blow last month as the delta coronavirus variant flared, prompting airlines to cut back on services and forcing local refiners to ship more of the unwanted fuel to the U.S. and Europe.   SUPERTANKER TRACKER: China, …