Tag archives: FO

Daily Capesize Review 1/9/21

Capesize freight rates continued its downward trajectory, with both basins came under selling pressures as tonnages began to return. The Capesize 5 time charter average, then fell further by $2,102 day-on-day to $46,987 on Wednesday, after much selling pressures. The Baltic Dry Index (BDI) followed the decline and dropped by $119, down 2.88% day-on-day, to …

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Morning Oil Report 02/09/21

At 10:40 am Singapore time (0240 GMT), the ICE November Brent futures contract was down 35 cents/b (0.49%) from the previous close at $71.24/b, while the NYMEX October light sweet crude contract was 43 cents/b (0.63%) lower at $68.16/b.   The OPEC+ alliance in its meeting Sept. 1 agreed to increase crude output by 400,000 …

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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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ENGINE: Americas Bunker Fuel Market Update 1/9/21

Bunker prices have slumped with Brent in the past day, but received some support from a massive US crude stock draw.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices down in Zona Comun ($22/mt), Houston and Balboa ($21/mt), Los Angeles ($20/mt) and New York ($8/mt) LSMGO prices down in Zona …

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ENGINE: East of Suez Bunker Fuel Market Update 1/9/21

Bunker prices have dropped alongside Brent in East of Suez ports in the past day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($16/mt), Singapore ($10/mt) and Fujairah ($9/mt) LSMGO prices down in Zhoushan ($17/mt), Fujairah ($11/mt) and Singapore ($8/mt) HSFO380 prices down in Zhoushan ($10/mt), Singapore …

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ENGINE: Europe & Africa Bunker Fuel Market Update 1/9/21

Bunker prices across European ports have been pulled down by declining Brent values, as investors await today’s OPEC+ meeting and US inventory data for more price direction.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($10/mt), Rotterdam ($9/mt) and Durban ($7/mt) LSMGO prices down in Durban ($24/mt), Rotterdam ($17/mt) …

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ENGINE: Americas Bunker Fuel Market Update 31/8/21

Bunker prices have mixed direction across ports in the Americas, and as New Orleans and other Lower Mississippi River ports recover from Hurricane Ida several vessels may be diverted to bunker in US Gulf Coast ports unaffected by the damage.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in …

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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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