Capesize freight rates rose on improved market sentiments with better physical shipping demand in the Atlantic market. The Capesize 5 time charter average, then rose by $459 day-on-day to $36,354 on Wednesday, due to firm showing seen in the Atlantic market. The Baltic Dry Index (BDI) also hiked up 1.04% day-on-day, or 35 points to …
Tag archives: FO
Fuel Oil Morning Report 12/08/21
Morning Oil Report At 11:38 am Singapore time (0338 GMT), the ICE October Brent futures contract was up 11 cents/b (0.15%) from the previous close at $71.55/b while the NYMEX September light sweet crude contract was also up 11 cents/b (0.16%) at $69.36/b. EIA week ending 8/6 Crude oil: -0.4M Gasoline: -1.4M …
Fuel Oil Daily Evening Report 11/08/21
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
Castaway Podcast Episode 67
FIS Castaway Podcast – Episode 67 Laudate Nostradamus! With our freight and apocalyptic iron ore calls from the last few weeks coming true, we look at what’s been going on in the ferrous, oil and freight markets this week. Listen Below: Website https://freightinvestorservices.com/blog/fis-castaway-eps-67/ Spotify https://open.spotify.com/episode/1bx7An2ak8PjbHmUhG1qHw?si=gshvw_3CQlqGzuG-ibTeqw&dl_branch=1 iTunes https://podcasts.apple.com/gb/podcast/episode-67/id1507094242?i=1000531695519
ENGINE: Global Bunker Fuel Market Update 11/08/21
Global bunker prices have mixed direction as Brent values steady after big fluctuations at the start of the week. Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar and Houston ($6/mt), and down in Singapore ($13/mt), Fujairah ($7/mt) and Rotterdam ($4/mt) LSMGO prices up in Gibraltar ($7/mt), Singapore ($6/mt) and …
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Daily Capesize Review 10/8/21
Capesize freight rates dipped on thin market activities with a short trading week, due to public holidays in Japan and Singapore. The Capesize 5 time charter average, then dropped by $114 day-on-day to $35,895 on Tuesday, despite some improvement in the physical market. The Baltic Dry Index (BDI) moved flatly and inched up slightly by …
Fuel Oil Morning Report 11/08/21
Morning Oil Report At 9:46 am Singapore time (0147 GMT), the ICE October Brent futures contract was up 2 cents/b (0.03%) from the previous close at $70.65/b, while the NYMEX September light sweet crude contract was unchanged over the same period at $68.29/b. API Crude -0.816M Cushing -0.413M Gasoline -1.114M Distillate +0.673M …
Fuel Oil Daily Evening Report 10/08/21
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 10/8/21
Global bunker prices have surged with Brent as the futures contract bounced back by nearly $2/bbl to make it above $70/bbl again. Changes on the day to 08.00 GMT today: VLSFO prices up in Singapore ($26/mt), Gibraltar ($25/mt), Fujairah ($22/mt), Rotterdam ($12/mt) and Houston ($1/mt) LSMGO prices up in Fujairah ($38/mt), Gibraltar ($23/mt), Rotterdam …
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Oil Morning Report 10/08/21
Morning Oil Report At 11:18 am Singapore time (0318 GMT), the ICE October Brent futures contract was up 18 cents/b (0.26%) from the previous close at $69.22/b, while the NYMEX September light sweet crude contract was 36 cents/b (0.54%) higher at $66.84/b. Front month Brent fell by over 4% yesterday in the European …