Category archives: Fuel Oil

Daily Capesize Review 23/6/21

Capesize freight rates rebounded in the volatile market, as shipping demand improved with better market confidence. The Capesize 5 time charter average, then went up slightly by $703 day-on-day to $32,079 on Wednesday, with small gains seen in both basins. The Baltic Dry Index (BDI) then spotted slight gain of 0.90% day-on-day, up 28 points …

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FIS Castaway Podcast – Episode 60 23/06/21

    FIS Castaway Podcast – Episode 60 – Coking Coal Special   Have you met coal? With coking coal finally making significant moves we invite Dave Powell to talk to us about this vitally important commodity.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-60/   Spotify https://open.spotify.com/episode/1wZrz8bPEJHJqdWU34fnZa?si=PXFnYC0AQyCtbpHQKVxb9Q&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-60-coking-coal-special/id1507094242?i=1000526595842         Disclaimer: This podcast is …

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Daily Capesize Review 22/6/21

Capesize freight rates extended losses after a string of selloff, amid weakening physical market. The Capesize 5 time charter average, then plunged down by $1,409 day-on-day to $31,376 on Tuesday, following another selloff in the paper market. The Baltic Dry Index (BDI) then dropped down by 2.23% day-on-day, down 71 points to 3,119 readings, due …

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FIS Fuel Oil Morning Report 23/06/2021

At 10:35 am Singapore time (0235 GMT), the ICE August Brent futures contract was up 38 cents/b (0.51%) from the previous settle at $75.19/b, while the NYMEX August light sweet crude contract was 29 cents/b (0.4%) higher at $73.14/b.   Oil came under slight pressure yesterday with the Brent benchmark settling slightly lower than the …

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