Daily Capesize Review 14/6/21

Capesize freight rates gained from recent improving shipping demand, despite slow trading activities due to Chinese holidays. The Capesize 5 time charter average, then rose by $1,631 day-on-day to $29,383 on Monday, from a buoyant market which left much room for the physical market to catch up. The Baltic Dry Index (BDI) followed the rally …

FIS Morning Report Tanker FFA 15-06-21

News Headlines: OIL DAYBOOK EUROPE: Gasoline Underpins Oil’s Recovery in China (Bloomberg) China’s meteoric rebound from the Covid-19 pandemic has been a source of strength for global oil demand, and a close look at domestic trends reveals that cars have underpinned the recovery.     Supertanker Booked at $36,000 per Day: BNEF Time Charter Tracker …