FIS Castaway Podcast – Episode 58 09/06/21

    FIS Castaway Podcast – Episode 58 – Iron Ore Special   This week’s podcast we are joined by Peter Hannah – Index Manager at Fastmarkets – to talk about the future of Iron Ore and the ferrous complex.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-58/   Spotify https://open.spotify.com/episode/1BADBYlYfqQKltmMLjELzj?si=pcof8oAWTgmoKv3AYZUtBA&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-58-iron-ore-special/id1507094242?i=1000524766955         …

Daily Capesize Review 8/6/21

Capesize freight rates followed the dip on bearish shipping fundamentals, though there was some improvement in the Pacific market. The Capesize 5 time charter average, then dropped slightly by $613 day-on-day to $19,845 on Tuesday, despite some rebound in the index. The Baltic Dry Index (BDI) also fell slightly by 0.33% or 8 points on-day …

FIS Morning Report Tanker FFA 09-06-21

  News Headlines: OIL DAYBOOK EUROPE: Asia’s Demand Recovery; Crude for Teapots (Bloomberg) Asia’s uneven oil demand recovery has been headlined by China and India, but the Covid-19 comeback that’s swept through other key fuel-consuming nations is complicating a return to pre-pandemic levels. It’s a flare-up that’s had varying impacts, but there are emerging signs …

Daily Capesize Review 7/6/21

Capesize freight rates continued to soften from the sluggish physical market due to poor shipping fundamentals. The Capesize 5 time charter average, then dropped by $475 day-on-day to $20,458 on Monday, after a lacklustre trading session. The Baltic Dry Index (BDI) also fell further by 0.41% or 10 points on-day to 2,428 readings, due to …