Capesize freight rates slumped after recent rally, as some ships wanted to get covered before the weekend amid market volatility. The Capesize 5 time charter average, then dropped by $1,662 day-on-day to $13,598 on Thursday, despite support from the high bunker prices. The Baltic Dry Index (BDI) also decreased by $33 day-on-day, or down 1.54% …
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European Close 03/03/22
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Evening Oil Report 03/03/22
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Brent May 22 Morning Technical Comment – 431Min 03/03/22
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Oil Daily Morning Report 03/03/22
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Daily Capesize Review 2/3/22
Capesize freight rates extended bullish run due to better weathers in both Australia and Brazil that facilitated in moving of iron ore cargoes. The Capesize 5 time charter average, then rose by $1,239 day-on-day to $15,258 on Wednesday, with support from the crude prices on voyage bids. The Baltic Dry Index (BDI) also increased by …
ENGINE: Europe & Africa Bunker Fuel Market Update 02/03/22
HSFO380 availability slightly tight in ARA hub Suppliers in Gibraltar Strait ports brace for upcoming bad weather Las Palmas bunker supply limited to inner anchorage ARA bunker availability is normal for VLSFO and LSMGO, while HSFO380 is slightly tight. A number of suppliers get HSFO380 supplies from Russia which has led to some tightness, …
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Oil Daily Evening Report 02/03/22
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European Close 02/03/22
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
Brent May 22 Morning Technical Comment – 431 Min 02/03/22
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