FIS Morning Report Tanker FFA 15-07-21

News Headlines: OIL DAYBOOK EUROPE: Asia Air Travel Revival Lags; UAE Nears Deal  (Bloomberg) Asian air travel may take another three years to recover fully from the devastation wrought by the pandemic, lagging behind rebounds in other regions and offering a stern headwind for refiners making jet fuel. Oil Extends Losses on U.S. Stockpile Gain …

FIS Castaway Podcast – Episode 63 14/07/21

FIS Castaway Podcast – Episode 63 As the UK looks to relax covid regulations next week, the team discuss what’s happening in the freight, iron ore and oil markets. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-63/ Spotify https://open.spotify.com/episode/1Lh9dgsQF1pGZJ0zrCINe1?si=pVE_qS-3R7Cy1UAvXjb2DA&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-63/id1507094242?i=1000528851383 Disclaimer: This podcast is a marketing communication and is not based upon detailed analysis by Freight Investor (FIS) …

Daily Capesize Review 13/7/21

Capesize freight rates slumped into losses after some panic selling in the paper market, as freight rates declined in the physical market. The Capesize 5 time charter average, then plunged down by $994 day-on-day to $30,272 on Tuesday, after selling pressure in the paper market. The Baltic Dry Index (BDI) also dropped by 2.18% day-on-day, …

FIS Morning Report Tanker FFA 14-07-2021

News Headlines: OIL DAYBOOK EUROPE: U.S. Demand Surges to New Heights; EIA Data (Bloomberg) U.S. oil demand has soared to new heights as the nation rebounds from the pandemic, with gasoline and diesel consumption returning to pre-virus levels. A surge in petroleum use for products such as plastic, asphalt, lubricants and other industrial needs is …