Daily Capesize Review 24/0/5/21

Capesize freight rates spotted slight gains on the improving physical market, especially from better shipping demand in the Pacific market. The Capesize 5 time charter average then inched up by $232 day-on-day to $32,825 on Monday, as the paper market maintained its bullish run since last week. The Baltic Dry Index (BDI) also hiked up …

FIS Morning Report Tanker FFA – 25-05-21

News Headlines: Benchmark Oil Tanker Rates Climb Again to Highest Since January (Bloomberg) TD3C climbed to ws36.96 – the highest since January 13th and on clean TC5  climbs to ws97.14 – highest since April 30th     Syrian Blames Israel for Mysterious Attacks on Oil Tankers (Bloomberg) Syria’s foreign minister blamed Israel for mysterious attacks …

Daily Capesize Review 21/0/5/21

Capesize freight rates inched up amid bullish sentiment in the paper market, though the physical market remained sluggish. The Capesize 5 time charter average then rose by $959 day-on-day to $32,593 on Friday, as the paper market extended its bullish run. The Baltic Dry Index (BDI) also went up slightly by 1.59% or 45 points …