FIS Castaway Podcast – Episode 60 23/06/21

    FIS Castaway Podcast – Episode 60 – Coking Coal Special   Have you met coal? With coking coal finally making significant moves we invite Dave Powell to talk to us about this vitally important commodity.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-60/   Spotify https://open.spotify.com/episode/1wZrz8bPEJHJqdWU34fnZa?si=PXFnYC0AQyCtbpHQKVxb9Q&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-60-coking-coal-special/id1507094242?i=1000526595842         Disclaimer: This podcast is …

Daily Capesize Review 22/6/21

Capesize freight rates extended losses after a string of selloff, amid weakening physical market. The Capesize 5 time charter average, then plunged down by $1,409 day-on-day to $31,376 on Tuesday, following another selloff in the paper market. The Baltic Dry Index (BDI) then dropped down by 2.23% day-on-day, down 71 points to 3,119 readings, due …

FIS Fuel Oil Morning Report 23/06/2021

At 10:35 am Singapore time (0235 GMT), the ICE August Brent futures contract was up 38 cents/b (0.51%) from the previous settle at $75.19/b, while the NYMEX August light sweet crude contract was 29 cents/b (0.4%) higher at $73.14/b.   Oil came under slight pressure yesterday with the Brent benchmark settling slightly lower than the …

Daily Capesize Review 21/6/21

Capesize freight rates continued to soften at the start of the week, following the previous slump over bearish market sentiments. The Capesize 5 time charter average, then dropped down by $630 day-on-day to $32,785 on Monday, after a selloff in the paper market. The Baltic Dry Index (BDI) then slipped down by 0.87% on-day, down …

FIS Fuel Oil Morning Report 22/06/21

At 11:11 am Singapore time (0311 GMT), the August ICE Brent crude futures contract was up 23 cents/b (0.31%) from the previous settle at $75.13/b, while the NYMEX July light sweet crude contract slipped 2 cents/b (0.03%) at $73.64b.   The stability in prices this morning comes after both markers closed at landmark highs on …