Daily Capesize Review 11/3/21

Capesize freight rates retreated from recent rally, as trade participants took a breather from the bullish market outlook. The Capesize 5 time charter average then went down by $536 day-on-day to $17,353 on Thursday, after a choppy session. The Baltic Dry Index (BDI) also dropped slightly by 0.51% or 10 points to 1,970 readings, amid …

Daily Capesize Review 10/3/21

Capesize freight rates continued to firm up on bullish paper market with strong gains in both basins. The Capesize 5 time charter average then surged up by $1,719 day-on-day to $17,889 on Wednesday, due to better shipping outlooks. The Baltic Dry Index (BDI) also hiked up by 4.16% or 79 points to 1,980 readings, amid …

FIS Castaway Podcast – Episode 45 10/03/21

FIS Castaway Podcast – Episode 45   Confused? Missed last week’s volatile markets? Look no further, listen to this week’s Castaway to get updated on our main shipping and commodity markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-45-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/2xDjvDLVXCM5aSBmubF4xH?si=ED09gjreRDGOSMWUPqUSoA   And iTunes https://podcasts.apple.com/gb/podcast/episode-45/id1507094242?i=1000512386620     Disclaimer: This podcast is a marketing communication and is not based …

Daily Capesize Review 9/3/21

Capesize freight rates rallied on bullish shipping outlook, despite corrections in iron ore and bunker prices. The Capesize 5 time charter average then hiked up by $1,032 day-on-day to $16,170 on Tuesday, due to better market sentiments in both basins. The Baltic Dry Index (BDI) also rose by 2.59% or 48 points to 1,901 readings, …