Category archives: Fuel Oil

Daily Capesize Review 17/3/21

Capesize freight rates kept up the positive momentum with steady gains, amid improved shipping outlook. The Capesize 5 time charter average then increased by $657 day-on-day to $17,931 on Wednesday, after the modest trading volume during the session. The Baltic Dry Index (BDI) went up higher by 4.36% or 88 points to 2,105 readings, supported …

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FIS Castaway Podcast – Episode 46 17/03/21

    FIS Castaway Podcast – Episode 46 – Freight Special   Wo is mein Handy? Here it is! Special guest Hans-Christian Olesen joins us to discuss the Baltic Exchange’s new Handysize index and the transition from Panamax 4TC to 5TC in our freight market special.      Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-46-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/1Ust3Ddos7DsBpVnwp5jdX?si=403kmyJsR1C83cUu4q9UZw …

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FIS Fuel Oil Morning Report 17/03/21

Brent crude futures fell 7 cents, or 0.1%, to $68.32 a barrel by 0458 GMT, after initially gaining as much as 23 cents. U.S. West Texas Intermediate (WTI) crude futures rose 4 cents to $64.84, after climbing as much as 28 cents in early trade. The benchmarks were choppy on Wednesday with both swinging between …

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Daily Capesize Review 16/3/21

Capesize freight rates continued to improve on better shipping demand, with marginal gains recorded in both basins. The Capesize 5 time charter average then hiked up by $220 day-on-day to $17,274 on Tuesday, with good volume being changed hand in a choppy session. The Baltic Dry Index (BDI) went up higher by 1.71% or 34 …

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