Category archives: Freight

Daily Capesize Review 17/11/21

Capesize freight rates extended losses in seasonally lean period, amid weak iron ore and steel demand in China. The Capesize 5 time charter average, then slumped by $2,653 day-on-day to $25,406 on Wednesday, amid a selloff session. The Baltic Dry Index (BDI) then dropped by $161, down by 6.21% day-on-day, to $2,430, due to softening …

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Evening Tanker FFA Report 17/11/21

  Trades Recap:   Another quiet day for TC2 as Dec continued its decline to 150 with 146 trading later. TC5 Dec also came under pressure trading at 132 in the morning, before trading 130.5, 130, 129 before 128 with Cal22 trading at $26.75/mt. Q1 came off slightly to $25.6/mt, TC6 Dec came off 8pts …

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Castaway Podcast Ep. 80 17/11/21

FIS Castaway Podcast – Ep. 80 Got that end of year feeling? Well the freight, oil and ferrous markets certainly do. Hear about what’s been going on in commodities this week on our podcast.     Click Below to Listen:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-80/   Spotify – https://open.spotify.com/episode/6f62I2nT7qahGY16OVvzZV?si=n8VjOhJCT1Sspfwwaep6bQ   iTunes – https://podcasts.apple.com/gb/podcast/episode-80/id1507094242?i=1000542205395

Morning Tanker FFA Report 17/11/21

News Headlines:   Analysis: Will gasoline prices drop in 2022? It depends on OPEC and U.S. shale (Reuters) Whether fuel pump prices fall in 2022 depends on two groups of producers who are struggling to increase oil output in the wake of the pandemic: OPEC and its allies and U.S. shale firms. The global oil …

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