Capesize freight rates jumped on bullish market sentiment with supports from physical fixtures on key trading routes. The Capesize 5 time charter average then gained for the second consecutive days by $1,758 day-on-day to $13,910 on Wednesday, with better market positivity in March contracts. The Baltic Dry Index (BDI) also rallied on better freight rates …
Tag archives: DF
European Close 03/03/21
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FIS Castaway Podcast – Episode 44
FIS Castaway Podcast – Episode 44 Don’t get caught napping on China’s 5 year plans, OPEC meeting and commodity market movements. Listen this this week’s podcast where we update you on iron ore, steel, freight and oil markets Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-44-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/39jPLg2bncGZoilLeOi32A?si=sD5N7uoqRaS2EnhGeiCSWA And Itunes https://podcasts.apple.com/gb/podcast/episode-44/id1507094242?i=1000511419554 Disclaimer: This …
Freight Morning Technical 03/03/21
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Daily Capesize Review 2/3/21
Capesize freight rates rose higher on bullish paper market, despite slow physical activities in both basins. The Capesize 5 time charter average then hiked up by $473 day-on-day to $12,152 on Tuesday, due to better FFA market. The Baltic Dry Index (BDI) also jumped by 1.33% or 22 points to 1,673 readings, amid better freight …
European Close 02/03/21
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Supramax March 21 Morning Technical Comment – 240 Min 02/03/21
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European Close 01/03/21
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Freight Morning Technical 01/03/21
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Daily Capesize Review 26/2/21
Capesize freight rates continued its downward movement, as the physical market flattened out in both basins. The Capesize 5 time charter average then dropped by $269 day-on-day to $11,934 on Friday, as liquidity dried up in the physical market. The Baltic Dry Index (BDI) also dipped by 1.47% or 25 points to 1,675 readings, amid …