Panamax Technical Report (is the 2021 bull run an extended wave 3?) 15/09/21

Please click below to view the report         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): +1 813 490 6630

FIS Singapore Iron Ore Derivatives Report 15/09/21

Market Commentary Iron ore extended losses to sub-$120 as China’s steel production slumped to the lowest in 17 months. According to the National Bureau of Statistics, China’s crude steel output slumped by 12% year-on-year to 83.24 million metric tonnes in August, the lowest since March 2020.The slump could be attributed to China’s efforts to cut …

ENGINE: Europe & Africa Bunker Fuel Market Update 15/9/21

European and African bunker prices have ticked up alongside Brent, and Algoa Bay bunkering has been suspended since yesterday.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar and Durban ($4/mt), and down in Rotterdam ($1/mt) LSMGO prices up in Rotterdam ($6/mt), Gibraltar and Durban ($3/mt) HSFO prices up in …

ENGINE: East of Suez Bunker Fuel Market Update 15/9/21

Bunker prices have seen small gains across East of Suez ports in the past day, and Typhoon Chanthu has also suspended bunkering in South Korea and Japan.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah and Zhoushan ($4/mt) and Singapore ($1/mt) LSMGO prices up in Fujairah ($5/mt) …