Coming Soon – Physical Bunker Prices

Freight Investor Services (FIS) and Engine Technologies (ENGINE) are delighted to announce a new data sharing partnership, bringing together their respective expertise on bunker futures and physical markets.   The partnership, due to go live 17th May, will see physical and future derivative prices on fuel oil products available on both the FIS Live and …

FIS Castaway Podcast – Episode 54 12/05/21

    FIS Castaway Podcast – Episode 54   Iron ore is at record highs, driven by insatiable domestic Chinese demand. So, we have renamed it IronCoin in honour of its meteoric rise from last year. Hear all about it and our usual freight and commodity markets on this week’s podcast.     Listen Below: …

Morning Tanker Report 12-05-2021

News Headlines: Colonial Facing Pressure on Pipeline Restart (Bloomberg) Colonial Pipeline Co. told federal officials it will know by late Wednesday whether it’s safe to restart gasoline and diesel flows.     White House Explores Jones Act Waiver to Ship Fuel by Tanker (Bloomberg) The Biden administration took a first step toward waiving century-old U.S. …

Daily Capesize Review 11/5/21

Capesize freight rates faced slight correction after recent paper rally, as the physical market failed to keep up with the market optimism. The Capesize 5 time charter average then dipped by $339 day-on-day to $42,031 on Tuesday, following a selloff in the trading session. The Baltic Dry Index (BDI) also inched up slightly by 0.43% …

Daily Capesize Review 10/5/21

Capesize freight rates rebounded on record high iron ore prices, which showed no signs of stopping due to the robust Chinese steel demand. The Capesize 5 time charter average then rose by $856 day-on-day to $41,514 on Monday, as market sentiment turned bullish with the meteoric rise of iron ore prices. The Baltic Dry Index …