Tag archives: FO

Daily Capesize Review 24/2/21

Capesize freight rates softened on thin shipping activities with much market uncertainty in both basins. The Capesize 5 time charter average then dropped further by $901 day-on-day to $12,316 on Wednesday, as the paper market traded at tight range for March contract. Thus, the Baltic Dry Index (BDI) reversed into losses despite the strength of …

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FIS Castaway Podcast – Episode 43 – John B Special, Available Now! 24/02/21

FIS Castaway Podcast – Episode 43 – John B Special    Record volumes and incredible volatility. Listen to John B, CEO of FIS, on what’s been happening in the dry freight markets and the reasons behind it, on this week’s podcast.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-43-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/15tTEQcTWTNr5z9gG8xtAW?si=Zhh7NTTdSyeV5PL_4VC8oA   And Itunes https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=e5d1d495-650f-1489-91e8-344b12fb8b75     Disclaimer: This …

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Daily Capesize Review 23/2/21

Capesize freight rates continued to move downward, as shipping activities thinned after recent rally. The Capesize 5 time charter average then dropped by $657 day-on-day to $13,216 on Tuesday, as the March contract came under pressure and traded lower. The Baltic Dry Index (BDI) however, rose higher on the strength of Panamax market, spotting a …

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FIS Fuel Oil Morning Report 24/02/21

API inventories Crude +1.026M VS Est. -5.372M Cushing +2.783M VS Prev. -3.034M Gasoline +0.066M VS Est. -3.427M Distillate -4.489M VS Est. -3.905M   Crude stockpiles rose by 1 million barrels in the week to Feb. 19, the American Petroleum Institute (API) reported on Tuesday, against estimates for a draw of 5.2 million barrels in a …

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