Tag archives: DF

FIS Castaway Podcast – Episode 70 – 01/09/21

      FIS Castaway Podcast – Episode 70   Get in your gamble straddles and ride out Q4 in comfort? Hear about that suggestion and what’s been driving the freight and commodity markets in this week’s podcast.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-70/   Spotify – https://open.spotify.com/episode/6blIv7KxtIp2MQyMDygH1L?si=tucsNWN3S1GSvlDcXu8r-w&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-70/id1507094242?i=1000533971959       …

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Daily Capesize Review 31/8/21

Capesize freight rates fell sharply after the recent rally, as the market consolidated, while profit takings continued in the paper market. The Capesize 5 time charter average, then plunged down by $2,010 day-on-day to $49,089 on Tuesday, after much selling pressures. The Baltic Dry Index (BDI) followed the decline and slid down by $103, down …

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Daily Capesize Review 27/8/21

Capesize freight rates continued to rally, amid port congestions in China and tight tonnage supply, while shipping demand improved. The Capesize 5 time charter average, then rose by $986 day-on-day to $51,099 on Friday, due to the tight basins. The Baltic Dry Index (BDI) however, inched up slightly by $40, up 0.95% day-on-day, after some …

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Daily Capesize Review 25/8/21

Capesize freight rates took a breather from recent bullish run, as trade participants went for profit-takings in the paper market. The Capesize 5 time charter average, then fell by $810 day-on-day to $50,662 on Thursday, following the market selloff, despite good market fundamentals. The Baltic Dry Index (BDI) followed the dip and dropped to $4,193, …

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Daily Capesize Review 24/8/21

Capesize freight rates continued its upward momentum, though at slower rate amid tight shipping tonnage with heavy congestion at Chinese ports. The Capesize 5 time charter average, then rose by $764 day-on-day to $51,472 on Tuesday, despite some standoff between the charterers and owners. The Baltic Dry Index (BDI) then hiked up higher at $4,201, …

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Daily Capesize Review 23/8/21

Capesize freight rates got off to a slow start at the week, as most participants were in collecting mood, but nevertheless the market fundamentals remained good with firm rates. The Capesize 5 time charter average, then rose by $977 day-on-day to $50,708 on Monday, as the index went above the psychological $50k mark. The Baltic …

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