Tag archives: DF

Daily Capesize Review 8/9/21

Capesize freight rates dropped further on lower bookings, despite Brazilian miners making more fixtures but failed to support higher rates. The Capesize 5 time charter average, then dropped by $1,702 day-on-day to $40,518 on Wednesday, after a choppy market. The Baltic Dry Index (BDI) also fell by $89, down 2.40% day-on-day, to $3,618, due to …

Continue reading “Daily Capesize Review 8/9/21”

FIS Castaway Podcast – Episode 71 08/09/21

    FIS Castaway Podcast – Episode 71   Where will these markets go? Freight, iron ore and oil get the technical treatment, with our Senior Technical Analyst Ed Hutton in this week’s podcast.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-71/   Spotify – https://open.spotify.com/episode/3q2iLyHcb4DkxZVE7BBz75?si=P1I8wE9qQs-dfiSI9AjMuw&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-71/id1507094242?i=1000534685465           Disclaimer: This …

Continue reading “FIS Castaway Podcast – Episode 71 08/09/21”

Daily Capesize Review 7/9/21

Capesize freight rates slid downward on lower bookings, despite active fixtures as freight market headed for more corrections. The Capesize 5 time charter average, then dropped by $2,245 day-on-day to $42,220 on Tuesday, after a volatile market. The Baltic Dry Index (BDI) then fell by $115, down 3.01% day-on-day, to $3,707, due to softening freight …

Continue reading “Daily Capesize Review 7/9/21”

Daily Capesize Review 6/9/21

Capesize freight rates continued to decline further over concerns over cargo demand and slow shipping activities. The Capesize 5 time charter average, then dropped by $2,182 day-on-day to $44,465 on Monday, after a choppy market. The Baltic Dry Index (BDI) then fell by $122, down 3.09% day-on-day, to $3,822, due to softening freight rates.   …

Continue reading “Daily Capesize Review 6/9/21”