Tanker News Update 28/10/20

*Libya’s return to greatness* At the end of last week, news broke out that Libya has signed a countrywide ceasefire. The UN-backed this deal overseeing the signing of an agreement for two rival groups to sign the cease-fire on October 23rd.  This end to major conflict within the country along with the lifting of the …

FIS CASTAWAY – EPISODE 29

It’s all Chinese to us! As most markets take a breather, Chris, Tom and Kerry talk about the future potential of China to sustain markets, as well as an update on our main commodity markets.     Website https://freightinvestorservices.com/blog/fis-castaway-eps-29-unprecedented-coverage-in-unprecedented-times/   Spotify  https://open.spotify.com/episode/5zqzn4QdhKX9j2q21ZaUE6?si=rcDDV2MdRf-CQBhmUVL15Q   And Itunes https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=78b8b1a4-0ce3-6e32-da73-5b90c0bca5ba       Disclaimer: This podcast is a marketing communication …

Ship Shape: The Good, The Bad, and The Ugly

As we enter the second half of October, with the darker evenings drawing in, minds will be focusing in on the end of the year and the start to another. It leaves us asking questions about where we are, what might happen and who that’s good or bad for. Or in the style of the …

FIS CASTAWAY – EPISODE 28

Please click below to view the report         Covid-free podcast. Don’t worry, we don’t mention the C word this week. Join Chris, Kerry and Tom as they discuss the movers and shakers in the freight and commodity markets.   Website https://freightinvestorservices.com/blog/fis-castaway-eps-28-unprecedented-coverage-in-unprecedented-times/   Spotify https://open.spotify.com/episode/0Or1J28BVx3QpqCNoshu8D?si=0HRbKajpTseE7rBmegtslQ   And Itunes https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=ceed5e2e-6c21-838b-9e13-2573ebdd402b     Disclaimer: This podcast is …

Ship Shape: FIS Commodity Weekly 12/10/20

Tanker, Tailor, Soldier, Fly   People may be forgiven for thinking that the last seven days was a slow news week, as the biggest headline grabber was the two-minute appearance of a fly on the head of US Vice President Mike Pence. This has launched a flurry of activity with Jim Carrey playing the fly …

Oil Through the Looking Glass 08/10/2020

* In A World with Too Much Oil, OPEC+ Sweats Its Next Move* OPEC+ is considering its next move after implementing a 3-phase plan of output cuts over the course of 2020 and into early 2021. Demand recovery is slower than expected and prices are lower than many had hoped for which has meant that …

FIS CASTAWAY – EPISODE 27

Please click below to view the report   This week, as China takes a holiday, the news stream for the rest of the world is incredibly active. From rocketing Freight to flat Tankers, find out the impact on Commodities markets with Chris, Kerry and Tom.     Available now on:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-27-unprecedented-coverage-in-unprecedented-times/   Spotify  …

Oil Through the Looking Glass 01.10.2020

India’s Gasoline Sales Jump to Pre-Covid Levels in September, Diesel Improves Indian refiners reported sales have risen to pre-pandemic levels in September for gasoline but there has been a reported drop off in diesel sales as loosening restrictions sparked energy consumption and economic activity.  Indian state refiners sold 2.2 million tonnes of gasoline, up 1.85% …

FIS Tanker News Update

VLCCs head south   After a short resurgence in TD3C worldscale levels, they are once again on their way back south. The first decade of September saw values on a rollercoaster, dropping to a low of ws24.75 before seeing a good steady climb out of this rut to a much-needed peak at ws38.39 on (14/09) …

Oil Through the Looking Glass 29.09.2020

Tankers carrying Iranian fuel begin entering Venezuelan waters The first group of three tankers have entered south American waters carrying 270,000 barrels of gasoline for a starved Venezuela, which arrived in their waters at 8.05 EDT. The vessel arrived after crossing the Atlantic Ocean and Caribbean Sea without any disturbances, with 2 more vessel due …