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Tag archives: FO
Castaway Podcast Episode 23 Available Now
How are the markets pricing the US election? What’s in store for capesize freight? And why is iron ore still so high? Answer all these questions and more with a listen of this week’s Castaway – now with 50% fewer puns. Available now on: Website https://freightinvestorservices.com/blog/fis-castaway-eps-23-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/3SpQJknSkltYrKcOsipe4w And Itunes …
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Capesize rates slip despite decent shipping demand
Capesize freight rates entered correction phrase despite decent shipping demand and high iron ore prices in the market. Thus, the Capesize 5 time charter average saw a slight correction of $350 day-on-day to $18,044 on Tuesday, after an aggressive selloff down the forward curve. The Baltic Dry Index (BDI) then fell by 1.14% or 17 …
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Oil Through The Looking Glass 02.09.20
*Power Demand Pushes UAE August Oil Output Above OPEC+ Quota* Stay at home vacations have been the reason for why the UAE have exceeded their OPEC+ quota as there has been a greater demand for gas in power generation. The rate is around 2.693 million bpd, which is 100,000 above the quoted level for August …
Morning Oil Report 2/9/20
Good morning all. WTI futures rose 34 cents to $43.10 as of 3:10 am GMT, while Brent futures rose 37 cents to $45.95 a barrel. Better-than-expected US manufacturing data also came a day after a private gauge of Chinese manufacturing activity. The headline ISM manufacturing index rose to 56.0, reflecting continued expansion for the US …
Fuel Oil Daily Evening Report
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US …
Capesize rates firm over potential shipping disruption
Capesize freight rates started to strengthen for the week with market concerns over port congestion in China, typhoon threats in the Far East and high iron ore prices. However, the firmer rates may reverse at any instance after the typhoon left with little shipping disruption to the East Asia region. In view of this weakness, …
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Oil Through the Looking Glass 1/9/20
*Storm Damages Continue to hamper U.S. Gulf of Mexico Energy Operations* As refiners look to restart offshore operations, onshore repairs that are necessary as a result of the hurricane damages have been hampered this week due to power outages in Louisiana where the storm made early landfall on Thursday. Offshore production in the region was …
Morning Oil Report 1/9/20
Brent futures climbed 49 cents, or 1.1%, to $45.77 a barrel at 4:06 am GMT, while WTI futures rose 37 cents, or 0.9%, to $42.98 a barrel. The current weakness in the dollar in the wake of the U.S. Federal Reserve’s policy shift on inflation announced last week is expected to push the currency …
Capesize rates flat despite tonnage clearing in the Atlantic
Capesize freight rates remained flattish despite the clearing of tonnage in Atlantic and some shipping disruption due to typhoon in the East Asia. Thus, the Capesize 5 time charter average saw slight correction of $381 day-on-day to $18,394 on Friday. The Baltic Dry Index (BDI) also followed the dip and went down by 1.06% day-on-day …
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