Capesize freight rates rebounded into new highs with market optimism of another super cycle in the corner that boosted confidence. The Capesize 5 time charter average then surged up by $4,638 day-on-day to $33,290 on Wednesday, amid bullish market outlooks. The Baltic Dry Index (BDI) then rallied by 9.63 % or 238 points to 2,710 …
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Capesize & Panamax FFA Daily Report 21/04/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Daily Capesize Review 20/4/21
Capesize freight rates ended the bullish run with slight dip after softening physical and paper market. The Capesize 5 time charter average then dipped by $178 day-on-day to $28,652 on Tuesday, despite a late push in the paper market after market talks of Vale’s booking around 8-10 ships. The Baltic Dry Index (BDI) however continued …
Capesize & Panamax FFA Daily Report 20/04/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Daily Capesize Review 19/4/21
Capesize freight rates continued to climb due to bullish market outlook that resulted in stronger FFA market. The Capesize 5 time charter average then rose by $310 day-on-day to $28,830 on Monday, following the rally last week. The Baltic Dry Index (BDI) also rose further by 1.97 % or 47 points to 2,432 readings, due …
Capesize & Panamax FFA Daily Report 19/04/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Capesize Technical Report 19/04/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Daily Capesize Review 16/4/21
Capesize freight rates made small gains after cooling down from the recent rally over better shipping fundamentals. The Capesize 5 time charter average then gained slightly by $464 day-on-day to $28,520 on Friday, despite relative smaller volumes traded at the close of the week. The Baltic Dry Index (BDI) also rose further by 2.67 % …
Capesize & Panamax FFA Daily Report 16/04/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1 813 490 6630
Daily Capesize Review 15/4/21
Capesize freight rates rallied further on market optimism over better shipping demand and fundamentals in both basins. The Capesize 5 time charter average then rose by $1,925 day-on-day to $28,056 on Thursday, due to booming paper market. The Baltic Dry Index (BDI) also rose further by 6.66% or 145 points to 2,323 readings, supported by …