Daily Capesize Review 29/7/21

Capesize freight rates rebounded due to more market activities with fresh shipping demand on key trading routes. The Capesize 5 time charter average, then rose by $1,783 day-on-day to $33,639 on Thursday, supported by better physical market. The Baltic Dry Index (BDI) also went up by 1.90% day-on-day, or 60 points to 3,214 readings, due …

FIS Morning Report Tanker FFA 30-07-21

News Headlines: OIL DAYBOOK EUROPE: Big Oil’s Show of Confidence; Bumpy Recovery (Bloomberg) Europe’s largest oil and gas companies showed confidence that the era of big profits is back by significantly boosting returns to shareholders. OIL FUTURES: Oil Trims Weekly Gain With Delta Lingering Over Market Please click below to view the report     …

Daily Capesize Review 28/7/21

Capesize freight rates moved flatly with some improvement in the physical market, which led some trade participants to believe that the market had found the bottom. The Capesize 5 time charter average, then dipped slightly by $24 day-on-day to $31,856 on Wednesday, despite increase of shipping activities in the physical market. The Baltic Dry Index …