Daily Capesize Review 14/5/21

Capesize freight rates went into correction again with another selloff in the market, as the physical market struggled to keep up from previous rally. The Capesize 5 time charter average then had a sharp drop of $3,182 day-on-day to $34,542 on Friday, following the selloff session. The Baltic Dry Index (BDI) went with the dip …

FIS Morning Report Tanker FFA – 17-05-21

News Headlines: OIL DAYBOOK EUROPE: Iran Prepares for Return; Colonial Restarts (Bloomberg) Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress, Colonial Says It Resumes ‘Normal’ Operations Along Its Pipeline.       Please click below to view the report         For …