Category archives: Freight

Daily Capesize Review 2/8/21

Capesize freight rates had a quiet start to the new month, though market sentiments remained positive at the aftermath of typhoon conditions. The Capesize 5 time charter average, then dipped by $284 day-on-day to $35,429 on Monday, with a typical quiet start for the week. The Baltic Dry Index (BDI) also went down by 0.30% …

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FIS Morning Report Tanker FFA 03-08-21

News Headlines: OIL DAYBOOK EUROPE: OPEC’s Top Gulf Members Boost July Shipments (Bloomberg) Saudi Arabia, Kuwait and the United Arab Emirates boosted oil shipments to multi-month highs in July, underscoring a return of their crude to an uncertain global market. Saudi shipments reached 6.4 million barrels a day, an increase of 640,000 from June and …

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FIS Morning Report Tanker FFA 02-08-21

News Headlines: OIL DAYBOOK EUROPE: U.S. Blames Iran for Attack on Tanker (Bloomberg) The U.S. formally blamed Iran for a deadly attack on an Israel-linked oil tanker off Oman, warning of an appropriate response. “There is no justification for this attack, which follows a pattern of attacks and other belligerent behavior,” Secretary of State Antony …

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