Daily Capesize Review 13/5/21

Capesize freight rates underwent correction phrases again as physical market softened amid holidays and thin activities. The Capesize 5 time charter average then dropped by $1,331 day-on-day to $37,724 on Thursday, following the downward momentum since the selloff session earlier in the week. The Baltic Dry Index (BDI) also the dip and went down by …

Morning Report Tanker FFA 14/5/21

News Headlines: OIL DAYBOOK EUROPE: Pipeline Restarts With Supplies Running Low (Bloomberg) Colonial restarted its entire system after a cyberattack nearly a week ago, but said it will take several days for the supply chain to return to normal.     Valero Secures Biden’s First Jones Act Waiver for Foreign Tanker (Bloomberg) The waiver announced …