Tag archives: FO

FIS Castaway Podcast – Episode 49 07/04/21

    FIS Castaway Podcast – Episode 49   Post Easter trading regrets? Don’t worry, get an update on what’s happening in the Freight, Iron Ore and Oil markets on this week’s podcast.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-49/   Spotify https://open.spotify.com/episode/2SootYMgBfXagWDL5Um0YJ?si=t1roN1z_RmWdlq_LVdx4kA   iTunes https://podcasts.apple.com/gb/podcast/episode-49/id1507094242?i=1000516140468       Disclaimer: This podcast is a marketing communication and is …

Continue reading “FIS Castaway Podcast – Episode 49 07/04/21”

Daily Capesize Review 6/4/21

Capesize freight rates continued to rise with the return of trade participants from holidays and on firmer shipping fundamentals. The Capesize 5 time charter average then increased by $1,109 day-on-day to $20,962 on Tuesday, after a buying spree in the trading session. The Baltic Dry Index (BDI) also hiked up slightly by 0.97% or 20 …

Continue reading “Daily Capesize Review 6/4/21”

FIS Fuel Oil Morning Report 07/04/21

Brent crude futures for June rose by 34 cents, or 0.5%, to $63.08 a barrel by 0123 GMT before softening by 0730 to $62.78 while U.S. West Texas Intermediate crude for May was up 32 cents, or 0.5%, to $59.65.   API Crude -2.618M Cushing -0.840M Gasoline +4.553M Distillate +2.810M   Following the release of …

Continue reading “FIS Fuel Oil Morning Report 07/04/21”

Daily Capesize Review 5/4/21

Capesize freight rates found supports in better shipping fundamentals in the Atlantic market with higher iron ore shipment volumes from Brazil. This was due to better weather conditions in Brazil with the passing of rainy seasons to allow miners to ramp up productions for exports. Meanwhile, the shipping participants were still returning to the market …

Continue reading “Daily Capesize Review 5/4/21”

FIS Fuel Oil Morning Report 06/04/21

Welcome back to those who have enjoyed the Easter break!   Brent crude futures rose 38 cents, or 0.61%, to $62.53 a barrel at 0507 GMT, after falling 4.2% on Monday. U.S. West Texas Intermediate (WTI) crude futures rose 34 cents, or 0.58%, to $58.99 barrel, after sliding 4.6% on Monday. The US Dollar Index, …

Continue reading “FIS Fuel Oil Morning Report 06/04/21”

Daily Capesize Review 2/4/21

Capesize freight rates are expected to rise in the second quarter of the year, in anticipation of strong iron ore exports from Australia and Brazil. After a strong Q1, shipping fundamentals remained robust with a relatively tight dry bulk supply amid plenty of commodity demand. The Baltic Dry Index (BDI), then rose by 1.27% or …

Continue reading “Daily Capesize Review 2/4/21”