Tag archives: DF

FIS Castaway Podcast – Episode 55 19/05/21

    FIS Castaway Podcast – Episode 55   With storm clouds over London this week, we try to clear things up about what’s been happening with the dramatic falls on freight, whispers of Iranian oil coming back, and strong steel mill margins in China, on this week’s Castaway podcast.       Listen Below: …

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Daily Capesize Review 18/5/21

Capesize freight rates dipped further despite a better showing from the physical market that led some trade participants to believe the freight rates were bottoming up. The Capesize 5 time charter average then fell by $1,273 day-on-day to $31,429 on Tuesday, despite some improvement in the physical market. The Baltic Dry Index (BDI) also went …

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Daily Capesize Review 17/5/21

Capesize freight rates continued the downward trend due to softening physical market that resulted selling pressure in the paper market. The Capesize 5 time charter average then fell by $1,840 day-on-day to $32,702 on Monday, following another selloff session. The Baltic Dry Index (BDI) also went down and decreased by 2.82% or 83 points on-day …

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Daily Capesize Review 14/5/21

Capesize freight rates went into correction again with another selloff in the market, as the physical market struggled to keep up from previous rally. The Capesize 5 time charter average then had a sharp drop of $3,182 day-on-day to $34,542 on Friday, following the selloff session. The Baltic Dry Index (BDI) went with the dip …

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