Capesize freight rates got off to a slow start at the week, as most participants were in collecting mood, but nevertheless the market fundamentals remained good with firm rates. The Capesize 5 time charter average, then rose by $977 day-on-day to $50,708 on Monday, as the index went above the psychological $50k mark. The Baltic …
Tag archives: FO
Morning Fuel Oil 24/08/21
Morning Oil Report At 9:50 am Singapore time (0150 GMT), the ICE October Brent futures contract was up 40 cents/b (0.58%) from the previous close at $69.15/b, while the NYMEX October light sweet crude contract was 32 cents/b (0.49%) higher at $65.96/b. Both oil benchmarks settled 5.3%-5.4% higher overnight after a spate of …
Fuel Oil Daily Evening Report 23/08/21
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 US (FL): +1 813 490 6630
ENGINE: Global Bunker Market Update 23/8/21
Global bunker prices are rising today after dropping to monthly lows last Friday. Changes in the day to 08.00 GMT today: VLSFO prices up in Singapore ($12/mt), Gibraltar and Houston ($9/mt), Rotterdam ($8/mt) and Fujairah ($4/mt) LSMGO prices up in Fujairah ($19/mt), Houston ($9/mt), Rotterdam ($4/mt), Singapore ($3/mt) and steady in Gibraltar HSFO380 prices …
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Daily Capesize Review 20/8/21
Capesize freight rates maintained bullish momentum with strong showings in both basins, amid tightening tonnage supply. The Capesize 5 time charter average, then rose by $2,370 day-on-day to $49,731 on Friday, extending the bullish run. The Baltic Dry Index (BDI) also continued its record-breaking upward movement reaching high levels of $4,092, up 2.92% day-on-day, due …
Morning Fuel Oil Report 23/08/21
Morning Oil Report At 10:58 am Singapore time (0258 GMT), the ICE October Brent futures contract was up 87 cents/b (1.33%) from the previous close at $66.05/b, while the NYMEX October light sweet crude contract was 74 cents/b (1.19%) higher at $62.87/b. The pandemic still provides the oil market with a sense of …
Fuel Oil Daily Evening Report 20/08/21
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 US (FL): +1 813 490 6630
ENGINE: Global Bunker Fuel Market Update 20/08/21
ENGINE: Global Market Update Global bunker prices are moving in mixed directions today amid steady Brent values. Changes in the day to 08.00 GMT today: VLSFO prices down in Singapore ($1/mt), steady in Rotterdam and Gibraltar and up in Fujairah ($1/mt) and Houston ($5/mt) LSMGO prices down in Singapore ($3/mt), Rotterdam ($2/mt) and …
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Daily Capesize Review 19/8/21
Capesize freight rates rose on bullish market momentum with a strong Atlantic basin pushing for further gains. The Capesize 5 time charter average, then rose by $2,866 day-on-day to $47,361 on Thursday, extending the bullish run. The Baltic Dry Index (BDI) also hiked up further at record-high levels of $3,976, up 3.73% day-on-day, from the …
Morning Fuel Oil Report 20/08/21
Morning Oil Report At 11:57 am Singapore time (0357 GMT), the ICE October Brent futures contract was up 32 cents/b (0.47%) from the previous close at $66.77/b, while the NYMEX September light sweet crude contract was 34 cents/b (0.53%) higher at $64.03/b. Oil prices rose on Friday, pulling up from three-month lows, but …