Category archives: Products

Daily Capesize Review 2/8/21

Capesize freight rates had a quiet start to the new month, though market sentiments remained positive at the aftermath of typhoon conditions. The Capesize 5 time charter average, then dipped by $284 day-on-day to $35,429 on Monday, with a typical quiet start for the week. The Baltic Dry Index (BDI) also went down by 0.30% …

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FIS Fuel Oil Morning Report 03/08/21

At 10:43 am Singapore time (0243 GMT), the ICE October Brent futures contract was up 9 cents/b (0.12%) from the previous close at $72.98/b, while the NYMEX September light sweet crude contract was 13 cents/b (0.18%) higher at $71.39/b.   Crude oil futures lost over 3% yesterday as the market saw some heavy selling towards …

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FIS Morning Report Tanker FFA 03-08-21

News Headlines: OIL DAYBOOK EUROPE: OPEC’s Top Gulf Members Boost July Shipments (Bloomberg) Saudi Arabia, Kuwait and the United Arab Emirates boosted oil shipments to multi-month highs in July, underscoring a return of their crude to an uncertain global market. Saudi shipments reached 6.4 million barrels a day, an increase of 640,000 from June and …

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ENGINE: Americas Bunker Fuel Market Update

Prices are sharply down across bunker fuel grades in the Americas, and availability has tightened further in Zona Comun.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices down in Zona Comun ($27/mt), New York ($23/mt), Los Angeles ($21/mt), Balboa ($15/mt) and Houston ($13/mt)   LSMGO prices down in Los …

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