Cape and Panamax Evening Report 1/11/21

Please click below to view the report         Index Report below     https://fisapp.com/wp-content/uploads/2021/11/01.11.2021.pdf     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (FL): …

Daily DCE Review 2/10/21

Iron ore futures slumped due to winter off peak season, dropping to a year-low in view of strict production restriction and sintering curbs imposed on Chinese mills. The futures of Dalian Commodity Exchange (DCE) for January delivery then plunged by 9.95% day-on-day or down RMB 62.50 to RMB 565.50/mt, during the day trading session on …

Daily Capesize Review 1/11/21

Capesize freight rates continued to soften on bearish market sentiment, with lesser shipping demand to move iron ore and coals. The Capesize 5 time charter average, then fell by $1,220 day-on-day to $34,845 on Monday, extending recent market corrections. The Baltic Dry Index (BDI) followed the downtrend and dropped by $91, down 2.59% day-on-day, to …

ENGINE: Americas Bunker Fuel Market Update 1/11/21

Bunker prices have mostly gained with Brent across the Americas, and Balboa’s VLSFO price has risen to bigger premiums over regional ports amid tight supply.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($11/mt), Los Angeles ($9/mt) and Zona Comun ($5/mt), and down in New …

ENGINE: East of Suez Bunker Fuel Market Update 1/11/21

East of Suez bunker prices are down from Friday’s levels, as Brent has shed more than $1/bbl.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price down in Zhoushan ($32/mt), Singapore ($11/mt) and Fujairah ($8/mt) LSMGO prices down in Singapore ($18/mt), Zhoushan and Fujairah ($12/mt) HSFO380 prices down in Zhoushan ($12/mt) …

ENGINE: Europe & Africa Bunker Fuel Market Update 1/11/21

Declining Brent values have pulled European and African bunker prices down from highs made last week, and several Mediterranean locations have seen weather delays.   Changes on the day to 08.00 GMT today: VLSFO prices down in Durban ($28/mt), Gibraltar ($15/mt) and Rotterdam ($5/mt) LSMGO prices down in Gibraltar ($15/mt), Durban ($8/mt) and Rotterdam ($6/mt) …