Daily Capesize Review 14/7/21

Capesize freight rates continued to come under selling pressure, despite some improvement seen in the physical market. The Capesize 5 time charter average, then fell further by $1,144 day-on-day to $29,128 on Wednesday, after an erratic paper trading session. The Baltic Dry Index (BDI) also dropped by 2.76% day-on-day, down 89 points to 3,139 readings, …

FIS Morning Report Tanker FFA 15-07-21

News Headlines: OIL DAYBOOK EUROPE: Asia Air Travel Revival Lags; UAE Nears Deal  (Bloomberg) Asian air travel may take another three years to recover fully from the devastation wrought by the pandemic, lagging behind rebounds in other regions and offering a stern headwind for refiners making jet fuel. Oil Extends Losses on U.S. Stockpile Gain …