Daily Capesize Review 19/3/21

Capesize freight rates inched upward, despite slow shipping activities and market concerns over disruptions of Australian coal shipments. The Capesize 5 time charter average then increased by $564 day-on-day to $19,437 on Friday, due to improvement in the physical market. The Baltic Dry Index (BDI) also surged up higher by 2.98% or 66 points to …

FIS Fuel Oil Morning Report 19/03/21

U.S. West Texas Intermediate (WTI) crude fell 4 cents, or 0.07%, to $59.96 a barrel by 0552 GMT. Brent crude was down 10 cents, or 0.16%, to $63.18 a barrel. After what seemed to be a huge correction, with brent falling off by over 8% on Thursday’s trading.  Oil had edged up in Asia’s morning …