FIS Morning Report Tanker FFA 27-08-2021

News Headlines: OIL DAYBOOK EUROPE: Gulf of Mexico to be Hit by Storm; CFTC Data (Bloomberg) A budding storm in the Caribbean is threatening to become a powerful hurricane that could wreak havoc across the Gulf of Mexico and slam into Louisiana or Texas by early next week. Oil and natural gas explorers with facilities …

Daily Capesize Review 25/8/21

Capesize freight rates took a breather from recent bullish run, as trade participants went for profit-takings in the paper market. The Capesize 5 time charter average, then fell by $810 day-on-day to $50,662 on Thursday, following the market selloff, despite good market fundamentals. The Baltic Dry Index (BDI) followed the dip and dropped to $4,193, …

Tanker Morning Report 26/08/21

News Headlines:   OIL DAYBOOK EUROPE: Indian Jet Fuel Demand Climbs; U.S. Driving (Bloomberg)   People across India are taking to the skies after months stuck in their homes during a deadly Covid-19 wave, driving a spike in demand for jet fuel, the oil product hit hardest by the ongoing pandemic. Americans Keep Driving Despite …