Daily Capesize Review 21/4/21

Capesize freight rates rebounded into new highs with market optimism of another super cycle in the corner that boosted confidence. The Capesize 5 time charter average then surged up by $4,638 day-on-day to $33,290 on Wednesday, amid bullish market outlooks. The Baltic Dry Index (BDI) then rallied by 9.63 % or 238 points to 2,710 …

FIS Castaway Podcast – Episode 51

      FIS Castaway Podcast – Episode 51   Garden gnome shortages, green levies and rising commodity prices – find out all about it in this week’s podcast.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-51/   Spotify https://open.spotify.com/episode/1IsEZ6tmU9E6dMEsLV8oaq?si=UGsfuNQSR6GWf4hA5ubwZQ   iTunes https://podcasts.apple.com/gb/podcast/episode-51/id1507094242?i=1000518020707   Disclaimer: This podcast is a marketing communication and is not based upon detailed analysis …

Daily Capesize Review 20/4/21

Capesize freight rates ended the bullish run with slight dip after softening physical and paper market. The Capesize 5 time charter average then dipped by $178 day-on-day to $28,652 on Tuesday, despite a late push in the paper market after market talks of Vale’s booking around 8-10 ships. The Baltic Dry Index (BDI) however continued …