Category archives: Freight

Capesize rates move higher on firm Pacific market

Capesize freight rates rose higher after a flurry of fixtures were being done in the Pacific market, lifting market sentiment after previous correction. The Capesize 5 time charter average then inched up by $190 day-on-day to $12,186 on Wednesday, due to significant gains at the physical market. The Baltic Dry Index (BDI) followed the rally …

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European Close 25/11/20

Iron ore Futures continue to trade sideways with the futures close the session in line with the previous two days. Futures prices remains supported after Fortescue metals Group COO reported the current market is strong, as steel production in China continues to grow (Bloomberg). Steel Margins are off 1% as DCE coking coal continues to …

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FIS Castaway Podcast Episode 34

FIS Castaway Podcast – Episode 34   End-of-year-feeling in your markets? Longing to get away? Join the team as they wing it and discuss the new Baltic Exchange Air Freight Index on this week’s Castaway.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-34-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/7r7JbKKTNmQpeixCtny9nY?si=r2XtU0CQQ5SBcuCyFAPnxA   And Itunes  https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=06ee4a8d-2a0f-33eb-1f6b-831061b25ff1       Disclaimer: freightinvestorservices.com/castaway-disclaimer/