Daily Capesize Review 29/6/21

Capesize freight rates continued to rise on better market sentiment for the physical market, after a sluggish start of the week. The Capesize 5 time charter average, then rose up by $951 day-on-day to $34,299 on Tuesday, due to better physical market. The Baltic Dry Index (BDI) also hiked up by 2.83% day-on-day, up 94 …

FIS Morning Report Tanker FFA 30-06-21

News Headlines: OIL DAYBOOK EUROPE: OPEC+ Delays Minister Talks to Bridge Divide (Bloomberg) OPEC and its allies delayed preliminary talks between ministers by a day to allow members more time to resolve differences, according to delegates. OIL FUTURES: Oil Set for Best Half Since 2009 as Recovery Accelerates.   Europe’s Imports of Clean Fuels from …

Daily Capesize Review 28/6/21

Capesize freight rates inched up after a slow start of the week, despite improvement seen in both basins. The Capesize 5 time charter average, then rose up by $279 day-on-day to $33,348 on Monday, despite limited fixtures done in the physical market. The Baltic Dry Index (BDI) also hiked up by 2.12% day-on-day, up 69 …

FIS Morning Report Tanker FFA 29-06-21

  News Headlines: OIL DAYBOOK EUROPE: Saudis May Increase Arab Light OSP to Asia (Bloomberg) Saudi Aramco is expected to increase the price of Arab Light crude by 65 cents a barrel for August sales to Asian customers. OIL FUTURES: Oil Below $73 on Demand Concern Before OPEC+ Meet.     TANKER WEEKLY WRAP: WAF …