Category archives: Freight

FIS Morning Report Tanker FFA 19 -10-21

News Headlines: OIL DAYBOOK EUROPE: Energy Crisis Boosts Asian Refiner Profits The global energy crunch is making winners out of oil refiners in Asia as the shortage of gas and coal sparks a rush to secure alternative supplies, lifting industry margins in a revival that’ll stretch into next year. * OIL FUTURES: Oil Steadies Near …

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Morning Tanker FFA Report 18/10/21

News Headlines: OIL DAYBOOK EUROPE: Indian Diesel Demand Climbs; OPEC Compliance India’s diesel consumption is gathering pace with the onset of annual festivals, boosting sales to pre- pandemic levels in the first half of October in a sign that the economy is bouncing back. * OIL FUTURES: Oil Extends Gain After Eighth Weekly Advance on …

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Daily Capesize Review 15/10/21

Capesize freight rates fell in prolonged correction period with bearish market outlooks, amid moderate shipping demand. The Capesize 5 time charter average, then plunged down by $5,764 day-on-day to $64,417 on Friday, following another string of corrections. The Baltic Dry Index (BDI) extended losses and dropped by $208, down 4.11% day-on-day, to $4,854, due to …

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