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Category archives: Freight
FIS Panamax Technical Report
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Capesize rates jump on Brazilian fixing spree
Capesize freight rates surged up on flurry of fixtures being done in physical market, especially in the Brazilian market. The Capesize 5 time charter average then rose by $1,818 day-on-day to $25,631 on Wednesday, due to bullish market sentiment. The Baltic Dry Index (BDI) then jumped by 4.04% or 67 points day-on-day to 1,725 readings …
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Supramax & Handysize FFA Daily Report
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FIS Tanker News Update
VLCCs head south After a short resurgence in TD3C worldscale levels, they are once again on their way back south. The first decade of September saw values on a rollercoaster, dropping to a low of ws24.75 before seeing a good steady climb out of this rut to a much-needed peak at ws38.39 on (14/09) …
Freight Intraday Morning Technical
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Capesize rates inch up on better post-Golden week demand outlook
Capesize freight rates spotted slight gain on better shipping outlook on the Pacific market and demand for Brazilian iron ores. Thus, the Capesize 5 time charter average then gained by $80 day-on-day to $23,813 on Tuesday, due to bullish market sentiment. Then, the Baltic Dry Index (BDI) rose by 0.24% or 4 points day-on-day to …
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Supramax & Handysize FFA Daily Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Capesize & Panamax FFA Daily Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 …
Capesize rates correct ahead of China’s holidays
Capesize freight rates softened as trading activities slowed down ahead of Golden Week holidays. The Capesize 5 time charter average then dropped by $445 day-on-day to $23,733 on Monday, due to the market cooldown. Then, the Baltic Dry Index (BDI) dipped by 0.78% or 13 points day-on-day to 1,654 readings due to the correction of …
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