Capesize freight rates extended bullish run due to better weathers in both Australia and Brazil that facilitated in moving of iron ore cargoes. The Capesize 5 time charter average, then rose by $1,239 day-on-day to $15,258 on Wednesday, with support from the crude prices on voyage bids. The Baltic Dry Index (BDI) also increased by …
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Dry Freight Index Report 02/03/22
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European Close 02/03/22
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Daily Capesize Review 1/3/22
Capesize freight rates improved, being driven by bunkers and the T/Cs amid market uncertainty over the Russia-Ukraine conflict and its impact on the market. The Capesize 5 time charter average, then rose by $605 day-on-day to $14,019 on Tuesday, after a cautiously bullish market. The Baltic Dry Index (BDI) also increased by $29 day-on-day, or …
European Close 01/03/22
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Dry Freight Index Report 01/03/22
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Dry Freight Weekly Analysis Report 01/03/22
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A Room with a Technical View 01/03/22
Capesize March Futures – We highlighted last week that USD 21,382 was the key resistance to follow as price remained vulnerable below this level. The futures traded to a high of USD 21,250 before entering a corrective phase. The move lower was driven be outside events after Russia invaded the Ukraine, resulting in the …
European Close 28/02/22
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Dry Freight Index Report 28/02/22
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