Category archives: Freight

Daily Capesize Review 24/6/21

Capesize freight rates dipped from recent rebound, despite strong buying interests that translated to decent gains on the Q3. The Capesize 5 time charter average, then went down slightly by $61 day-on-day to $32,018 on Thursday, despite better improvement in the physical market. The Baltic Dry Index (BDI) then spotted slight gain of 0.90% day-on-day, …

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FIS Morning Report Tanker FFA 25-06-21

News Headlines: UAE Could Become First OPEC Producer To Pledge Net-Zero By 2050 (OilPrice) If the Gulf oil producer joins major industrialized nations in the net-zero emissions commitments, it will become the first major petrostate to balance major emission-reduction goals with its important oil and gas industry. Around 30 percent of the country’s gross domestic …

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Daily Capesize Review 23/6/21

Capesize freight rates rebounded in the volatile market, as shipping demand improved with better market confidence. The Capesize 5 time charter average, then went up slightly by $703 day-on-day to $32,079 on Wednesday, with small gains seen in both basins. The Baltic Dry Index (BDI) then spotted slight gain of 0.90% day-on-day, up 28 points …

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FIS Morning Report Tanker FFA 24-06-21

News Headlines: OIL DAYBOOK EUROPE: U.S. Refiners Hunt for Crude; Stocks Dwindle (Bloomberg) U.S. refiners pushing to meet surging demand are turning to the Persian Gulf and Russian Far East for crudes that are typically bought by Asian processors. The latest example is a rare shipment of Abu Dhabi’s Murban that’s en route to Long …

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