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Tag archives: CS
Capesize rates rebound on improving sentiment
Capesize freight rates flattened out and rebounded from previous slump with much improvement in the paper and physical markets. The Capesize 5 time charter average rebounded slightly by $30 day-on-day to $17,151 on Wednesday, due to plenty of buying interests that pushed up rates. The Baltic Dry Index (BDI) then was almost flattish and dipped …
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Capesize & Panamax FFA Daily Report
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 rates slide despite improving paper market
Capesize freight rates continued the downward slide despite some improvement in the paper market. The Capesize 5 time charter average then fell by $1,281 day-on-day to $17,121 on Tuesday, but managed to send some positive signals to shipowners due to the improving paper market. However, the physical market remained weak and dragged down the Baltic …
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Capesize & Panamax FFA Daily Report
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
Ship Shape: The Good, The Bad, and The Ugly
As we enter the second half of October, with the darker evenings drawing in, minds will be focusing in on the end of the year and the start to another. It leaves us asking questions about where we are, what might happen and who that’s good or bad for. Or in the style of the …
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FIS Weekly Ferrous Report: Iron ore in a short-run bearish trend
Money Movement. According to China commodity exchange statistics, agricultural sector money inflow increased 14.99% in the days before Golden Week. The industrial sector increased 23.99%, the petrochemical sector contributed most, up 38.3%. The ferrous sector was up 16.88% over the same period, underperforming other industrial sectors including non-ferrous. Within the ferrous sector, iron ore money …
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Capesize rates under pressure from selloff
Capesize freight rates came under pressure in both basins with more selloffs in the paper market amid the soft physical market. The Capesize 5 time charter average dropped by $1,550 day-on-day to $18,402 on Monday, as the FFA touched new lows in the morning session of $15,950 for Nov contract, then $15,000 for Dec contract …
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Capesize & Panamax FFA Daily Report
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): …
Capesize rates plunge on thin market activity
Capesize freight rates were subdued toward the end of the week, following the selloff in paper markets and thin physical market. The Capesize 5 time charter average dropped by $1,785 day-on-day to $19,952 on Friday, as the physical market showed no signs of improvement. Due to weak freight market, the Baltic Dry Index (BDI) plunged …
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