Capesize freight rates recovered further due to better shipping demand in the Pacific market, despite lengthy ballast list in the Atlantic basin. The Capesize 5 time charter average, then rose by $1,624 day-on-day to $32,099 on Wednesday, despite a choppy session. The Baltic Dry Index (BDI) then rose by $56, up by 2% day-on-day, to …
Category archives: Freight
Tanker FFA Morning Report 11/11/21
News Headlines: Oil prices steady after falling on signs U.S. may release more reserves (Reuters) Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to release more strategic crude stockpiles to drive down prices. …
Supramax and Handy FFA Report 10/11/21
Please click below to view the report Index Report below For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): …
Capesize and Panamax FFA Daily Report 10/11/21
Please click below to view the report Index Report below For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): …
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Morning Tanker FFA Report 10/11/21
News Headlines: Oil rises on surprise U.S. crude stockpile decline (Reuters) Oil prices rose on Wednesday, extending strong gains in the previous session, after industry data showed U.S. crude stocks unexpectedly fell last week just as near-term travel demand picked up with COVID-19 pandemic curbs easing. Brent crude futures were at $85.22 a barrel …
Daily Capesize Review 9/11/21
Capesize freight rates showed more improvement with better spot demand in both the Pacific and Atlantic basins. The Capesize 5 time charter average, then rose by $2,461 day-on-day to $30,475 on Tuesday, recovering from recent corrections. The Baltic Dry Index (BDI) then moved up by $87, up by 3.20% day-on-day, to $2,805, due to improving …
Capesize and Panamax FFA Daily Report 09/11/21
Please click below to view the report Index Report below For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): …
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Tanker FFA Morning Report 9/11/21
News Headlines: Oil steady amid rosier outlook for global economy, fuel demand (Reuters) Oil prices were steady on Tuesday after two straight sessions of gains as the passage of a U.S. infrastructure bill, strong Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand. Brent crude was down 2 cents at …
Daily Capesize Review 8/11/21
Capesize freight rates continued to book gains with improving demand in the Pacific amid thin trading activity. The Capesize 5 time charter average, then inched up by $815 day-on-day to $28,014 on Monday, recovering from recent corrections. The Baltic Dry Index (BDI) reflected the freight improvement with hike of $3, up slightly by 0.11% day-on-day, …
Cape and Panamax FFA Report 8/11/21
Please click below to view the report Index Report below For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): …