Category archives: Freight

Daily Capesize Review 17/5/21

Capesize freight rates continued the downward trend due to softening physical market that resulted selling pressure in the paper market. The Capesize 5 time charter average then fell by $1,840 day-on-day to $32,702 on Monday, following another selloff session. The Baltic Dry Index (BDI) also went down and decreased by 2.82% or 83 points on-day …

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FIS Morning Report Tanker FFA 18-05-21

News Headlines: OIL DAYBOOK EUROPE: U.S. Travel Rebound Leading Jet Fuel’s Surge (Bloomberg) U.S. airports are the busiest since the pandemic began — the strongest sign yet of a domestic travel revival     TANKER WEEKLY WRAP (Bloomberg) U.S. GULF-to-EUROPE CRUDE: May Flows at 9-Month High; Demand Up EUROPE-to-AMERICAS: Flows Hit 6-Week High After Pipeline …

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Daily Capesize Review 14/5/21

Capesize freight rates went into correction again with another selloff in the market, as the physical market struggled to keep up from previous rally. The Capesize 5 time charter average then had a sharp drop of $3,182 day-on-day to $34,542 on Friday, following the selloff session. The Baltic Dry Index (BDI) went with the dip …

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FIS Morning Report Tanker FFA – 17-05-21

News Headlines: OIL DAYBOOK EUROPE: Iran Prepares for Return; Colonial Restarts (Bloomberg) Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress, Colonial Says It Resumes ‘Normal’ Operations Along Its Pipeline.       Please click below to view the report         For …

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