Daily Capesize Review 28/7/21

Capesize freight rates moved flatly with some improvement in the physical market, which led some trade participants to believe that the market had found the bottom. The Capesize 5 time charter average, then dipped slightly by $24 day-on-day to $31,856 on Wednesday, despite increase of shipping activities in the physical market. The Baltic Dry Index …

FIS Fuel Oil Morning Report 29/07/21

Brent crude oil futures gained 36 cents, or 0.5%, to $75.10 a barrel by 0247 GMT, while U.S. West Texas Intermediate (WTI) crude oil futures increased by 33 cents, or 0.5%, to $72.72 a barrel.   EIA week ending 7/23 Crude oil: -4.1M Gasoline: -2.3M Distillates: -3.1M Refiner utilz: 91.1% Impld mogas demand: 9.33 Mbpd …

ENGINE: Americas Bunker Fuel Market Update 28/7/21

Bunker prices are mostly rangebound in the Americas, while tight HSFO380 supply in Houston has pushed its price to premiums over a range of other regional ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($3/mt) and Zona Comun ($1/mt), and down in Houston ($8/mt), Balboa …

Podcast – Episode 65 – Battery Metals Special

FIS Castaway Podcast – Episode 65 – Battery Metals Special     With the growing ESG revolution and growth of EVs we talk to Jack Nathan, Peter Hannah and Will Adams about battery metals alongside an update of freight, oil and iron ore markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-65/   Spotify https://open.spotify.com/episode/4LiB5G1KynQ9gmBNIgJjJm?si=xCV9YC4XT6OnGNypbiE_FQ&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-65-battery-metals-special/id1507094242?i=1000530272756   …

ENGINE: East of Suez Bunker Fuel Market Update 28/7/21

East of Suez bunker prices are up for a second day as Brent values inch up.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($5/mt), Fujairah and Singapore ($4/mt) LSMGO prices up in Singapore ($3/mt), steady in Zhoushan and down in Fujairah ($9/mt) HSFO380 prices up in …

ENGINE: Europe & Africa Bunker Fuel Market Update 28/7/21

Bunker prices are mostly steady on the day, and bunkering faces weather disruptions in Port Elizabeth and Algoa Bay over the next week.   Changes on the day to 08.00 GMT today: VLSFO prices steady in Gibraltar and Durban, and down in Rotterdam ($1/mt) LSMGO prices up in Durban ($7/mt) and Rotterdam ($2/mt), and down …