Category archives: Freight

Daily Capesize Review 28/6/21

Capesize freight rates inched up after a slow start of the week, despite improvement seen in both basins. The Capesize 5 time charter average, then rose up by $279 day-on-day to $33,348 on Monday, despite limited fixtures done in the physical market. The Baltic Dry Index (BDI) also hiked up by 2.12% day-on-day, up 69 …

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FIS Morning Report Tanker FFA 29-06-21

  News Headlines: OIL DAYBOOK EUROPE: Saudis May Increase Arab Light OSP to Asia (Bloomberg) Saudi Aramco is expected to increase the price of Arab Light crude by 65 cents a barrel for August sales to Asian customers. OIL FUTURES: Oil Below $73 on Demand Concern Before OPEC+ Meet.     TANKER WEEKLY WRAP: WAF …

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FIS Morning Report Tanker FFA 28-06-21

News Headlines: OIL DAYBOOK EUROPE: Asia Biggest Export Refiners May Cut Runs (Bloomberg) Some of Asia’s biggest export-focused oil refiners are looking at cutting processing rates as a Covid-19 comeback crimps demand in parts of the region, and as China and India flood the market with excess fuel.     Oil Steady Near $74 With …

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Daily Capesize Review 25/6/21

Capesize freight rates rebounded again in the volatile market, due to better market optimism over the Q3 period. The Capesize 5 time charter average, then hiked up by $1,051 day-on-day to $33,069 on Monday, with some improvement seen in the physical market. The Baltic Dry Index (BDI) then spotted a gain of 2.52% day-on-day, up …

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