Tag archives: FO

Daily Capesize Review 15/3/21

Capesize freight rates rose further on better market outlook, with gains recorded in both basins. The Capesize 5 time charter average then rose by $313 day-on-day to $17,054 on Monday, after a fresh wave of buyers entered market at the afternoon session. The Baltic Dry Index (BDI) also rebounded higher by 1.17% or 23 points …

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FIS Fuel Oil Morning Report 15/03/21

Brent crude futures for May gained 47 cents, or 0.7%, to $69.69 a barrel by 0438 GMT while U.S. West Texas Intermediate crude for April was at $66.10 a barrel, up 49 cents, or 0.8%.   The US stimulus package had sent the global economy into a positive mood in the past week as Biden …

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Daily Capesize Review 12/3/21

Capesize freight rates continued to slide from recent rally, due to cooldown of market activities after upticks. The Capesize 5 time charter average then fell by $612 day-on-day to $16,741 on Friday, after some corrections in the market. The Baltic Dry Index (BDI) also dipped slightly by 0.51% or 10 points to 1,960 readings, amid …

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