Category archives: Products

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 Morning Report Tanker FFA 24-06-21

News Headlines: OIL DAYBOOK EUROPE: U.S. Refiners Hunt for Crude; Stocks Dwindle (Bloomberg) U.S. refiners pushing to meet surging demand are turning to the Persian Gulf and Russian Far East for crudes that are typically bought by Asian processors. The latest example is a rare shipment of Abu Dhabi’s Murban that’s en route to Long …

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FIS Singapore Iron Ore Derivatives Report 23/06/2021

Market Commentary Iron ore futures advanced on Wednesday amid supply tightness across Chinese ports while optimism over global demand as well as speculation over relaxing production restrictions in Tangshan also supported price for the steelmaking ingredient. According to data by Mysteel, iron ore deliveries from Australia and Brazil were down 1.95 million tonnes this week …

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