Daily Capesize Review 5/5/21

Capesize freight rates continued to rise on the thriving FFA market, buoyed by robust steel demand in China. The Capesize 5 time charter average then rose up by $1,858 day-on-day to $44,819 on Wednesday, due to better market outlook. The Baltic Dry Index (BDI) also went up by 3.45% or 109 points on-day to 3,266 …

FIS Castaway Podcast – Episode 53 05/05/21

  FIS Castaway Podcast – Episode 53   Japanese power, a red-hot Cape market, rising oil, and iron ore around record levels. Get updated on our main markets as well as battery metals and lumber on this week’s podcast.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-53/   Spotify https://open.spotify.com/episode/1BWbvExwXnvxfQhuqA3OR9?si=wTn7L6bsSjeT5oHEJSwCfA   iTunes https://podcasts.apple.com/gb/podcast/episode-53/id1507094242?i=1000520255753         Disclaimer: This …

Daily Capesize Review 4/5/21

Capesize freight rates rebounded on market optimism, supported by strong FFA market amid the long holidays period. The Capesize 5 time charter average then rose up by $2,351 day-on-day to $42,959 on Tuesday, due to better market outlook. The Baltic Dry Index (BDI) also inched up by 3.41% or 104 points on-day to 3,157 readings, …

Castaway Podcast – Ep. 52 – Shipping Emissions

‘No Smoking here – It’s the Castaway Emissions Special! Join us with our special guest Andrew Glass of Viridios Capital and Avatar Commodities to discuss Emissions Offsets and their effect on the world of shipping and commodities.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-51-shipping-emissions/   Spotify https://open.spotify.com/episode/6vGCbv86JDVPJxaogu020h?si=zHvmrUJaT8qoZSdWJu58lg   iTunes https://podcasts.apple.com/gb/podcast/episode-52-shipping-emissions/id1507094242?i=1000518992755

Daily Capesize Review 3/5/21

Capesize freight rates started the week slow due to thin trading activities from holidays periods in China and Greece. The sluggish market movement might halt the positive momentum on freight rates by the end of April and only recovered with the returns of the trade participants from holidays. The Baltic Dry Index (BDI) however managed …