Category archives: Freight

Daily Capesize Review 25/6/21

Capesize freight rates rebounded again in the volatile market, due to better market optimism over the Q3 period. The Capesize 5 time charter average, then hiked up by $1,051 day-on-day to $33,069 on Monday, with some improvement seen in the physical market. The Baltic Dry Index (BDI) then spotted a gain of 2.52% day-on-day, up …

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Daily Capesize Review 24/6/21

Capesize freight rates dipped from recent rebound, despite strong buying interests that translated to decent gains on the Q3. The Capesize 5 time charter average, then went down slightly by $61 day-on-day to $32,018 on Thursday, despite better improvement in the physical market. The Baltic Dry Index (BDI) then spotted slight gain of 0.90% day-on-day, …

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FIS Morning Report Tanker FFA 25-06-21

News Headlines: UAE Could Become First OPEC Producer To Pledge Net-Zero By 2050 (OilPrice) If the Gulf oil producer joins major industrialized nations in the net-zero emissions commitments, it will become the first major petrostate to balance major emission-reduction goals with its important oil and gas industry. Around 30 percent of the country’s gross domestic …

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