ENGINE: Global Physical Bunker Market Update 14/10/21

Global bunker prices have moved in mixed directions across ports today, as Brent values have inched up by 1%. Changes in the day to 08.00 GMT today:   VLSFO prices down in Gibraltar ($6/mt), Houston ($3/mt), Rotterdam ($2/mt) and up Fujairah ($6/mt) and Singapore ($5/mt) LSMGO prices down in Gibraltar ($4/mt), Houston ($2/mt), Singapore ($1/mt) …

Daily Capesize Review 13/10/21

Capesize freight rates continued to decline on bearish market sentiments upon market uncertainty over demand. The Capesize 5 time charter average, then slid by $4,995 day-on-day to $74,540 on Wednesday, following an extended selloff session. The Baltic Dry Index (BDI) also dropped by $172, down 3.20% day-on-day, to $5,206, due to weakening freight rates.   …

FIS Fuel Oil Morning Report 14/10/21

At 10:25 am Singapore time (0225 GMT), the ICE December Brent futures contract was up 9 cents/b (0.11%) from the previous close at $83.27/b, while the NYMEX November light sweet crude contract was 5 cents/b (0.06%) higher at $80.49/b.   API Crude +5.213MM Gasoline -4.575MM Distillate -2.707MM Cushing -2.275MM   US crude inventories rose 5.2 …

FIS Castaway Podcast Ep. 75

FIS Castaway Podcast – Ep. 75 Don’t be a Turkey, get up to speed on what’s been happening in the freight, iron ore and oil markets this week on our podcast. Listen Below Website – https://freightinvestorservices.com/blog/fis-castaway-eps-75/ Spotify – https://open.spotify.com/episode/4ovJonUiVIw6Pb7zdqPxAb?si=CxPt7GMdRCaHg4BcrxR99Q&dl_branch=1 iTunes – https://podcasts.apple.com/gb/podcast/episode-75/id1507094242?i=1000538457061

ENGINE: Global Physical Bunker Market Update 13/10/21

Bunker prices have moved in mixed directions for another day, amid Brent values inching down for the first time in four days.  Changes in the day to 08.00 GMT today:   VLSFO prices down in Singapore ($2/mt), and up in Gibraltar and Houston ($10/mt), Rotterdam and Fujairah ($3/mt) LSMGO prices down in Fujairah and Singapore …