FIS Morning Report Tanker FFA 11 -10-21

News Headlines: OIL DAYBOOK EUROPE: Iran to Offer Crude in Return for Investment(Bloomberg) Iran plans to offer oil and gas condensate to “any investor” in exchange for either goods or capital investment in the Islamic Republic’s sanctions-hit energy sector, the country’s oil minister said. The ministry would welcome investment in both Iran’s upstream and downstream …

Daily Capesize Review 8/10/21

Capesize freight rates fell from a selloff in the paper market, despite more shipping activities as Chinese trade participants returned from holidays. The Capesize 5 time charter average, then went down by $3,088 day-on-day to $83,865 on Friday, despite some late rebound at the market close. The Baltic Dry Index (BDI) also dropped by $124, …