FIS Castaway Podcast – Episode 51

      FIS Castaway Podcast – Episode 51   Garden gnome shortages, green levies and rising commodity prices – find out all about it in this week’s podcast.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-51/   Spotify https://open.spotify.com/episode/1IsEZ6tmU9E6dMEsLV8oaq?si=UGsfuNQSR6GWf4hA5ubwZQ   iTunes https://podcasts.apple.com/gb/podcast/episode-51/id1507094242?i=1000518020707   Disclaimer: This podcast is a marketing communication and is not based upon detailed analysis …

Daily Capesize Review 20/4/21

Capesize freight rates ended the bullish run with slight dip after softening physical and paper market. The Capesize 5 time charter average then dipped by $178 day-on-day to $28,652 on Tuesday, despite a late push in the paper market after market talks of Vale’s booking around 8-10 ships. The Baltic Dry Index (BDI) however continued …

FIS Fuel Oil Morning Report 21/04/21

Brent crude futures for June fell 48 cents, or 0.7%, to $66.09 a barrel at 0515 GMT, after dropping 48 cents on Tuesday. U.S. West Texas Intermediate (WTI) crude futures for June fell 52 cents, or 0.8%, to $62.15 a barrel. The May contract expired on Tuesday down 1.5% at $62.44.   API Crude +0.436M …

Daily Capesize Review 19/4/21

Capesize freight rates continued to climb due to bullish market outlook that resulted in stronger FFA market. The Capesize 5 time charter average then rose by $310 day-on-day to $28,830 on Monday, following the rally last week. The Baltic Dry Index (BDI) also rose further by 1.97 % or 47 points to 2,432 readings, due …

FIS Fuel Oil Morning Report 20/04/21

Brent crude futures for June delivery rose by 54 cents, or 0.8%, to $67.59 a barrel at 0415 GMT. U.S. West Texas Intermediate (WTI) crude futures for May delivery, which expire on Tuesday, were up 53 cents, or 0.8%, to $63.91 barrel. The more-active June contract was at $63.93, up 0.8%, or 50 cents.   …