Capesize freight rates continued to rise on market optimism, after much support from Brazil’s shipping demand. The Capesize 5 time charter average then rose by $406 day-on-day to $22,874 on Thursday, despite some correction in the Pacific freight rates. The Baltic Dry Index (BDI) then faced some corrections after recent rally and went down by …
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European Close 08/04/21
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Freight Morning Technical 08/04/21
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Daily Capesize Review 7/4/21
Capesize freight rates rose on better shipping demand in both basins and firm market outlook for Q2. The Capesize 5 time charter average then increased by $1,506 day-on-day to $22,468 on Wednesday, with May and June contracts jumping over $25,000/day levels. The Baltic Dry Index (BDI) also went up by 1.67% or 35 points to …
FIS Castaway Podcast – Episode 49 07/04/21
FIS Castaway Podcast – Episode 49 Post Easter trading regrets? Don’t worry, get an update on what’s happening in the Freight, Iron Ore and Oil markets on this week’s podcast. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-49/ Spotify https://open.spotify.com/episode/2SootYMgBfXagWDL5Um0YJ?si=t1roN1z_RmWdlq_LVdx4kA iTunes https://podcasts.apple.com/gb/podcast/episode-49/id1507094242?i=1000516140468 Disclaimer: This podcast is a marketing communication and is …
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Freight Morning Technical 07/04/21
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 6/4/21
Capesize freight rates continued to rise with the return of trade participants from holidays and on firmer shipping fundamentals. The Capesize 5 time charter average then increased by $1,109 day-on-day to $20,962 on Tuesday, after a buying spree in the trading session. The Baltic Dry Index (BDI) also hiked up slightly by 0.97% or 20 …
European Close 06/04/21
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
Freight Morning Technical 06/04/21
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 5/4/21
Capesize freight rates found supports in better shipping fundamentals in the Atlantic market with higher iron ore shipment volumes from Brazil. This was due to better weather conditions in Brazil with the passing of rainy seasons to allow miners to ramp up productions for exports. Meanwhile, the shipping participants were still returning to the market …