Category archives: Freight

Capesize rates fall on lesser Brazilian shipment

Capesize freight rates continued to decline, after Vale reduced its annual guidance for 2021, stroking market concerns over lesser iron ore shipment. Thus, the Capesize 5 time charter average went down slightly by $10 day-on-day to $12,322 on Wednesday, due to bearish market sentiment. The Baltic Dry Index (BDI) then also dropped slightly by 0.83% or 10 points …

Continue reading “Capesize rates fall on lesser Brazilian shipment”

FIS CASTAWAY – EPISODE 35

FIS Castaway Podcast – Episode 35 – Brazil Special   This week is our Brazil special. Tom, Alex, Chris, and Kerry are joined by Roberto Doring, Deputy Head of Mission to the UK, to discuss the past, present and future of Brazil’s presence in the commodity complex.    Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-35-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/4tHwZmfrNNzCwNZrv3SfwD?si=1O5CwKTPQm-qVr_kj2Sbbw …

Continue reading “FIS CASTAWAY – EPISODE 35”