Capesize freight rates improved on better market outlook, supported by better Pacific basin, though Atlantic basin was depressed by the long ballaster list. The Baltic Dry Index (BDI) then went up slightly by 0.21% or 6 points on-day to 2,801 readings, due to the improving freight rates. Improving Pacific basin amid sluggish Atlantic market …
Category archives: Freight
Morning Report Tanker FFA 20/05/21
News Headlines: OIL DAYBOOK EUROPE: EU Says Confident Iran Nuclear Deal Is Close (Bloomberg) Iran and the U.S. are close to a deal that will revive the 2015 nuclear accord seeing Brent Oil Steady Near Three-Week Low With Iran Flows in Focus EUROPE-AMERICAS FUEL: Flows Steady; Gasoline Tankers Skip U.S. (Bloomberg) European refined …
Capesize & Panamax FFA Daily Report 19/05/21
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Supramax & Handysize FFA Daily Report 19/05/21
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European Close 19/05/21
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Capesize v Panamax Technical Report 19/05/21
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FIS Castaway Podcast – Episode 55 19/05/21
FIS Castaway Podcast – Episode 55 With storm clouds over London this week, we try to clear things up about what’s been happening with the dramatic falls on freight, whispers of Iranian oil coming back, and strong steel mill margins in China, on this week’s Castaway podcast. Listen Below: …
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Freight Morning Technical 19/05/21
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Daily Capesize Review 18/5/21
Capesize freight rates dipped further despite a better showing from the physical market that led some trade participants to believe the freight rates were bottoming up. The Capesize 5 time charter average then fell by $1,273 day-on-day to $31,429 on Tuesday, despite some improvement in the physical market. The Baltic Dry Index (BDI) also went …
Morning Report Tanker FFA 19/05/21
OIL DAYBOOK EUROPE: Talks of an Iranian Breakthrough Dialed Back (Bloomberg) A senior Russian diplomat denied reports that he expects an imminent breakthrough in critical negotiations over restoring the Iranian nuclear deal, after tweets suggesting such an advance triggered a slump in oil prices below $65 as Stockpiles Expand, Iran Talks Cast Shadow. …