FIS Castaway Podcast – Episode 73

 The Future of Fuel Oil   With ESG concerns at the forefront, and debate on the future of bunker fuels, we ask our ‘oracle’ at Integr8 fuels, Anton Shamray, for his thoughts on the future direction of this vital market.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-73/   Spotify – https://open.spotify.com/episode/3jqV1Y0z4wAZfX8mOYjHLQ?si=3MnFsI84TiGCoDUjyAvdKg&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-73-future-of-fuel-oil/id1507094242?i=1000536257246   …

Daily Capesize Review 22/9/21

Capesize freight rates continued to rally, due to tighter tonnage and port congestion among Chinese ports that extended turnaround time. The Capesize 5 time charter average, then rose by $3,446 day-on-day to $59,715 on Wednesday, as most of the Chinese trade participants returned to the market from holidays. The Baltic Dry Index (BDI) then jumped …

Daily Capesize Review 21/9/21

Capesize freight rates continued to rise by the firm Pacific basin, despite market uncertainty over the Chinese property sector. The Capesize 5 time charter average, then rose by $2,474 day-on-day to $56,269 on Tuesday, despite the absence of some Chinese trade participants on holiday celebrations. The Baltic Dry Index (BDI) then jumped by $106, up …

Daily Capesize Review 17/9/21

Capesize freight rates rebounded from a series of corrections, after gains were made in both basins. The Capesize 5 time charter average, then rose by $959 day-on-day to $53,240 on Friday, despite the absence of Chinese trade participants as they prepared for holiday celebrations. The Baltic Dry Index (BDI) then jumped by $60, up 1.42% …

Daily Capesize Review 16/9/21

Capesize freight rates slid downward due to market uncertainty and discounted paper curve, with concerns over falling iron prices. The Capesize 5 time charter average, then dropped by $1,100 day-on-day to $52,281 on Thursday, as market participants were more cautious over mixed outlook. The Baltic Dry Index (BDI) then dipped by $18, down 0.43% day-on-day, …