Castaway Podcast Episode 67

FIS Castaway Podcast – Episode 67    Laudate Nostradamus! With our freight and apocalyptic iron ore calls from the last few weeks coming true, we look at what’s been going on in the ferrous, oil and freight markets this week.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-67/ Spotify https://open.spotify.com/episode/1bx7An2ak8PjbHmUhG1qHw?si=gshvw_3CQlqGzuG-ibTeqw&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-67/id1507094242?i=1000531695519

Tanker Options Report 11/08/21

Click below link for the newly launched Tanker Options Report     https://fisapp.com/wp-content/uploads/2021/08/FIS-WET-TANKERS-IMPLIED-VOLA-11_08_21.pdf     Any queries please do not hesitate to get in touch!     Contact:   Brandon Cayzer BrandonC@freightinvestor.com +44 (0)7729 118640 ICE – bcayzer Jack Shilling JShilling@freightinvestor.com +44 (0)7702 834733 ICE – jashilling Alistair Pettey AlistairP@freightinvestor.com +44 (0)7808 768318 ICE – …

ENGINE: Global Bunker Fuel Market Update 11/08/21

Global bunker prices have mixed direction as Brent values steady after big fluctuations at the start of the week.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar and Houston ($6/mt), and down in Singapore ($13/mt), Fujairah ($7/mt) and Rotterdam ($4/mt) LSMGO prices up in Gibraltar ($7/mt), Singapore ($6/mt) and …

Singapore Iron Ore Derivatives Report 11/08/21

Iron Ore Market Update   Market Commentary Iron ore futures were largely flat on Wednesday as investors assessed potential economic policies to boost growth against a push to clean up its steel sector. Prices of the steelmaking raw material have plummeted over $50 in less than three weeks as China’s efforts to curb steel production …

Daily DCE Review 11/8/21

Iron ore futures opened flatly on Wednesday morning session before recording a rally at the afternoon session, despite slow steel demand and improving supply. The futures of Dalian Commodity Exchange (DCE) for September delivery then rose by 3.69% day-on-day or up RMB 31 to RMB 871.50/mt, during the day trading session on Wednesday. The rebar …

Daily Capesize Review 10/8/21

Capesize freight rates dipped on thin market activities with a short trading week, due to public holidays in Japan and Singapore. The Capesize 5 time charter average, then dropped by $114 day-on-day to $35,895 on Tuesday, despite some improvement in the physical market. The Baltic Dry Index (BDI) moved flatly and inched up slightly by …

Morning Steel and Scrap Report 11/08/2021

FOB China HRC   The index kept flat yesterday (10.8.21) at US$928/t, MTD US$928.67/t.   Hebei province will cut steel production by 21.7mn t in 2021 from its 249.8mn t produced in 2020, while Tangshan will cut by 12.37mn t in 2021 and add restrictions for the 2022 Beijing Winter Olympics over 4-20 February. China’s …