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Category archives: Freight
Daily Capesize Review 4/6/21
Capesize freight rates softened amid thin physical activities and bearish shipping demand outlook, especially in the Atlantic basin. The Capesize 5 time charter average, then plunged down further by $1,169 day-on-day to $20,933 on Friday, from further selloff in paper market. The Baltic Dry Index (BDI) also dropped further by 1.38% or 34 points on-day …
FIS Morning Report Tanker FFA 07-06-2021
News Headlines: OIL DAYBOOK EUROPE: OPEC+ Seems in Control of Market (Bloomberg) OPEC+ appears in control of crude prices as U.S. production is lagging pre-pandemic levels, Oil Dips After Topping $70 as Investors Assess Demand Outlook EUROPE OIL PRODUCTS: Jet Tankers Divert; More Flights Take Off (Bloomberg) Two tankers laden with jet fuel …
European Close 04/06/21
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Capesize & Panamax FFA Daily Report 04/06/21
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Supramax & Handysize FFA Daily Report 04/06/21
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Panamax Technical Report 04/06/21
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Daily Capesize Review 3/6/21
Capesize freight rates continued its downward spiral, due to thin market activities following holiday in Brazil. The Capesize 5 time charter average, then fell further by $1,629 day-on-day to $22,102 on Thursday, after another rounds of selloff. The Baltic Dry Index (BDI) also dropped further by 2.29% or 58 points on-day to 2,472 readings, due …
Freight Morning Technical 04/06/21
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FIS Morning Report Tanker FFA 04-06-21
News Headlines: OIL DAYBOOK EUROPE: Saudis Increase Oil Prices for Asia; OPEC+ (Bloomberg) Saudi Arabia increased oil prices for customers in its main market of Asia by more than expected after Brent topped $70 a barrel and OPEC forecast global demand would outstrip supply over the rest of the year. UN Urges Yemen’s …