Daily Capesize Review 28/9/21

Capesize freight rates soared to greater heights on better shipping demand amid tight tonnage supply. The Capesize 5 time charter average, then jumped by $5,983 day-on-day to $69,013 on Tuesday, due to bullish market sentiments on higher C3 and C5 fixings. The Baltic Dry Index (BDI) then rose by $245, up 5.19% day-on-day, to $4,962, …

ENGINE: East of Suez Bunker Fuel Market Update 28/09/21

East of Suez bunker prices are moving in different directions today, with some rising with Brent trading at three-year highs of more than $80/bbl.     Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices up in Zhoushan ($4/mt), down in Fujairah ($9/mt) and Singapore ($4/mt) LSMGO prices up in Singapore …