Category archives: Freight

Daily Capesize Review 8/6/21

Capesize freight rates followed the dip on bearish shipping fundamentals, though there was some improvement in the Pacific market. The Capesize 5 time charter average, then dropped slightly by $613 day-on-day to $19,845 on Tuesday, despite some rebound in the index. The Baltic Dry Index (BDI) also fell slightly by 0.33% or 8 points on-day …

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FIS Morning Report Tanker FFA 09-06-21

  News Headlines: OIL DAYBOOK EUROPE: Asia’s Demand Recovery; Crude for Teapots (Bloomberg) Asia’s uneven oil demand recovery has been headlined by China and India, but the Covid-19 comeback that’s swept through other key fuel-consuming nations is complicating a return to pre-pandemic levels. It’s a flare-up that’s had varying impacts, but there are emerging signs …

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Daily Capesize Review 7/6/21

Capesize freight rates continued to soften from the sluggish physical market due to poor shipping fundamentals. The Capesize 5 time charter average, then dropped by $475 day-on-day to $20,458 on Monday, after a lacklustre trading session. The Baltic Dry Index (BDI) also fell further by 0.41% or 10 points on-day to 2,428 readings, due to …

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FIS Morning Report Tanker FFA 08-06-21

News Headlines: OIL DAYBOOK EUROPE: Busy Traffic Activity; BP Sees Strong Demand (Bloomberg) Traffic in 15 European cities was as busy as in 2019 for the first time since the pandemic began, according to data from TomTom NV. BP Expects Strength in Global Oil Demand to Last, CEO Says   TANKER WEEKLY WRAP: Iraq, Saudi, …

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