Daily Capesize Review 16/9/21

Capesize freight rates slid downward due to market uncertainty and discounted paper curve, with concerns over falling iron prices. The Capesize 5 time charter average, then dropped by $1,100 day-on-day to $52,281 on Thursday, as market participants were more cautious over mixed outlook. The Baltic Dry Index (BDI) then dipped by $18, down 0.43% day-on-day, …

Panamax Technical Report (is the 2021 bull run an extended wave 3?) 15/09/21

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Daily Capesize Review 14/9/21

Capesize freight rates continued to march onward with gains as typhoon related weathers caused disruption in shipping schedules. The Capesize 5 time charter average, then rose by $784 day-on-day to $53,692 on Tuesday, as market slowed down after a huge daily spike in previous session. The Baltic Dry Index (BDI) then rose by $58, up …

FIS Morning Report Tanker FFA 15-09-21

News Headlines: OIL DAYBOOK EUROPE: China’s Move to Curb Prices Has Market Wary (Bloomberg) China’s first auction of oil from its strategic reserves looks relatively paltry, but the possibility of further releases is still likely to exert a powerful influence on global crude prices.  * OIL FUTURES: Oil Extends Gains as Industry Report Shows Slump …