Category archives: Freight

Morning Report Tanker FFA 21/09/21

News Headlines: OIL DAYBOOK EUROPE: Shell’s Storm Damage Spurs Replacement Hunt (Bloomberg) Royal Dutch Shell Plc warned that production from two of its largest Gulf of Mexico fields won’t resume until next year after Hurricane Ida inflicted “significant structural damage.” That’s led to crude tankers from Mexico, Iraq and Brazil lining up to take advantage …

Continue reading “Morning Report Tanker FFA 21/09/21”

Daily Capesize Review 17/9/21

Capesize freight rates rebounded from a series of corrections, after gains were made in both basins. The Capesize 5 time charter average, then rose by $959 day-on-day to $53,240 on Friday, despite the absence of Chinese trade participants as they prepared for holiday celebrations. The Baltic Dry Index (BDI) then jumped by $60, up 1.42% …

Continue reading “Daily Capesize Review 17/9/21”