Category archives: Freight

Daily Capesize Review 7/10/21

Capesize freight rates gained slightly, despite the absence of Chinese participants for long holidays celebration. The Capesize 5 time charter average, then inched up by $83 day-on-day to $86,953 on Thursday, as tight tonnage supplies continued to support freight rates. The Baltic Dry Index (BDI) also inched up by $3, up 0.05% day-on-day, to $5,650, …

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FIS Morning Report Tanker FFA 07 -10-21

News Headlines: OIL DAYBOOK EUROPE: Oil Market Needs Half-Trillion in Investment (Bloomberg) Oil explorers need to raise drilling budgets by 54% to more than half a trillion dollars to forestall a significant supply deficit in the next few years, according to Moody’s Investors Service Inc. * OIL FUTURES: Oil Holds Decline as Energy Crunch Fears …

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