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, …

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% …

FIS Morning Report Tanker FFA 09-07-21

News Headlines: OIL DAYBOOK EUROPE: China Bucks Slumping Energy Demand in 2020 (Bloomberg) Energy use and carbon emissions dropped almost everywhere in 2020 as the pandemic kept people at home, but China was one major exception, BP Plc said in its annual Statistical Review of World Energy. OIL FUTURES: Oil Heads for Worst Week Since …