Category archives: Freight

FIS Morning Report Tanker FFA 17-06-21

News Headlines: Benchmark Oil Tanker Losses Ease; Med-Asia Clean Rates Rise (Bloomberg) Rates for hauling oil on the benchmark TD3C route edged higher to WS 31.14. That equates to a daily loss of -$4,309, compared with -$4,525 on Tuesday. Rates on the TD20 WAF-Continent route rose 2.9% to WS 49.73; that was the highest since …

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FW: FIS Castaway Podcast – Episode 59 16/06/21

    FIS Castaway Podcast – Episode 59   As Capes jump over 50% week on week, we discuss the ‘extra-terrestrial’ trajectory and where it could go, as well as the oil and iron ore markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-59/   Spotify https://open.spotify.com/episode/5sy3C4Augg8INXB8KvmnXH?si=JbbHCdEdSWqjuuf9KqNQuQ&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-59/id1507094242?i=1000525720614         Disclaimer: This podcast is a …

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FIS Morning Report Tanker FFA 16-06-21

News Headlines: OIL DAYBOOK EUROPE: Top Oil Traders Predict Higher Prices (Bloomberg) The world’s largest independent commodity traders see crude prices rising further as demand keeps growing and supply remains constrained. Yet as top executives from Vitol Group, Trafigura Group and Glencore Plc agreed on oil’s direction, they differed over the size and duration of …

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Daily Capesize Review 15/6/21

Capesize freight rates rallied on more shipping activities as trade participants returned from holidays amid improving demand. The Capesize 5 time charter average, then rose by $1,257 day-on-day to $30,640 on Tuesday, following market optimism on iron ore shipping demand. The Baltic Dry Index (BDI) then went up to a one-month high at 3,025 readings, …

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