Freight Intraday Morning Technical 8/10/20

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 …

Capesize rates ease on weak physical market

Capesize freight rates continued its downtrend as the physical market came under pressure with further easing of rates. Thus, the Capesize 5 time charter average fell by $1,958 day-on-day to $31,507 on Thursday, with a sluggish Atlantic market and Pacific rates moving Due to weak Capesize market, the Baltic Dry Index (BDI) fell by 3.62% …

European Close

  A better day for the Panamax sector today after yesterday’s sell off. Rates remained stable in the sector with November futures up 1.3% at USD 12,350, followed by Q1 futures which are looking to close 0.75% higher at USD 9,350 as of 16:00 GMT. Further down the curve futures have been more resilient with …

Freight Intraday Morning Technical 8/10/20

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): …

Capesize rates plunge after paper selloff

Capesize freight rates slumped into losses after aggressive selloff in the paper market, especially for the Oct and Q4 contracts. Thus, the Capesize 5 time charter average fell by $1,431 day-on-day to $33,465 on Wednesday, after the physical market came under pressure. The Baltic Dry Index (BDI) followed by the slump but still managed to …

FIS CASTAWAY – EPISODE 27

Please click below to view the report   This week, as China takes a holiday, the news stream for the rest of the world is incredibly active. From rocketing Freight to flat Tankers, find out the impact on Commodities markets with Chris, Kerry and Tom.     Available now on:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-27-unprecedented-coverage-in-unprecedented-times/   Spotify  …

Freight Intraday Morning Technical 7/10/20

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): …

Capesize rates peak at slower momentum

Capesize freight rates continued its upward push albeit a slower rate than previously seen in recent rally. Thus, the Capesize 5 time charter average gained by $603 day-on-day to $34,896 on Tuesday, as the market uptrend moved in slower momentum. The Baltic Dry Index (BDI) then managed to stay firm above the 2,000 readings and …

Freight Intraday Morning Technical 6/10/20

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 …

Capesize rates reach new peak for the year

Capesize freight rates continued its bullish run and reached new height due to good shipping fundamentals. Thus, the Capesize 5 time charter average surged up by $1,227 day-on-day to $34,293 on Monday, touching a new year high amid good shipping demand. Following the bullish Capesize market, the Baltic Dry Index (BDI) stayed above the 2,000 …