Category archives: Freight

Daily Capesize Review 12/7/21

Capesize freight rates continued to stay afloat with slight gains, though there was some softening in the Pacific and the Atlantic basins. The Capesize 5 time charter average, then inched up by $294 day-on-day to $31,266 on Monday, byproduct of the recent rally in the FFA market.   Slow market activities despite healthy cargo list …

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Daily Capesize Review 9/7/21

Capesize freight rates recovered from recent slump and drove up on better Atlantic basins, while market slowed down in the Pacific basin. The Capesize 5 time charter average, then increased by $712 day-on-day to $30,972 on Friday, after some improvement in the trading session. The Baltic Dry Index (BDI) also rose slightly by 0.58% day-on-day, …

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FIS Morning Report Tanker FFA 12-07-2021

News Headlines: OIL DAYBOOK EUROPE: Saudis Offer Full Crude Supply to 5 in Asia (Bloomberg) Saudi Aramco offered full contractual supply of crude oil to at least five refiners in Asia for August, according to refinery officials & Oil Steadies as Investors Eye Rising Demand.     Volumes of Floating LSFO Near Singapore Decline 18% …

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