Tag archives: FO

FIS Castaway Podcast – Episode 74 – Lunar Cape Rates 29/09/21

FIS Castaway Podcast – Episode 74 – Lunar Cape Rates   A short, sharp update this week as we discuss the jump in oil prices, the bounceback on iron ore, and of course the Capesize rates having gone to the Moon, on FIS Castaway.     Listen Below: Website – https://freightinvestorservices.com/blog/fis-castaway-eps-74/ Spotify – https://open.spotify.com/episode/6FbjHwA4rYivj302T3Twb3 iTunes – https://podcasts.apple.com/gb/podcast/episode-74-lunar-cape-rates/id1507094242?i=1000536997415

ENGINE: East of Suez Bunker Fuel Market Update 29/09/21

Bunker prices have dropped across East of Suez ports today, as Brent has slipped by $2/bbl on the day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($11/mt), Zhoushan ($10/mt) and Singapore ($3/mt) LSMGO prices down in Fujairah ($14/mt), Singapore ($11/mt) and Zhoushan ($8/mt) HSFO380 prices down …

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ENGINE: Europe & Africa Bunker Fuel Market Update 29/09/21

Bunker prices have slipped from yearly highs in Europe and Africa, tracking a $2/bbl Brent drop amid renewed global oil demand concerns and profit-taking among investors.   Changes on the day to 08.00 GMT today:   VLSFO prices down in Durban ($17/mt), Gibraltar ($11/mt) and Rotterdam ($8/mt) LSMGO prices up in Gibraltar ($3/mt), and down …

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ENGINE: Americas Bunker Fuel Market Update 28/09/21

Bunker prices have dipped from yearly highs in several major bunkering locations across the Americas, and strong wind has delayed some bunker deliveries in Zona Comun.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Balboa ($13/mt), and down in Zona Comun ($10/mt), Houston ($7/mt), Los Angeles ($5/mt) …

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FIS Fuel Oil Morning Report 29/09/21

At 10:30 am Singapore time (0230 GMT), the ICE November Brent futures contract was down 98 cents/b (1.24%) from the previous close at $78.11/b, while the NYMEX November light sweet crude contract was 83 cents/b (1.10%) lower at $74.46/b.   In inventory news, the American Petroleum Institute reported late Sept. 28 that US crude supplies …

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Daily Capesize Review 28/9/21

Capesize freight rates soared to greater heights on better shipping demand amid tight tonnage supply. The Capesize 5 time charter average, then jumped by $5,983 day-on-day to $69,013 on Tuesday, due to bullish market sentiments on higher C3 and C5 fixings. The Baltic Dry Index (BDI) then rose by $245, up 5.19% day-on-day, to $4,962, …

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