Category archives: Freight

Capesize loses steam after recent rally

The Capesize market suffered a slip up after recent rally with less shipping enquires in both the Pacific and Atlantic market. The Capesize 5 time charter average then dropped by $304 day-on-day to $20,383 on Wednesday, due to some selling pressure before seeing a mini revival later at afternoon session for better rates. Thus, the …

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FIS CASTAWAY – EPISODE 19

What is going on with this iron ore market? How come freight is flying again? Why is nothing moving on oil? Memes aside, join the team to discuss the week’s movements and idiosyncrasies. Available now on the FIS website (www.freightinvestorservices.com/media ) Spotify https://open.spotify.com/show/7yMLsm5s8tLtrCQr7bG8wD?si=FW6Rvj9HRjClAx3vRjq8iw And Apple https://podcasts.apple.com/sg/podcast/fis-castaway/id1507094242 Disclaimer: This podcast is a marketing communication and is not based upon …

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Oil Through the Looking Glass 5/8/20

Heavy Crude to Lose Ground The announcement that OPEC is relaxing its production cuts could signal the end of the bull run on heavier crude and products. The OPEC cut has seen heavier crude in significant demand, this is especially true of residual products like high sulphur fuel oil which have seen increased demand from …

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Capesize rates make solid gains on bullish market

It was another bullish day for the Capesize market, with the physical market making solid gains to push up the freight rates. The Capesize 5 time charter average then rose by $1,636 day-on-day to $20,687 on Tuesday, with talk of C5 heading to $9.00 and the C3 rumoured to surge toward the $18.90. Following the …

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