Middle East turmoil and the price of crude: analysing the connection Welcome back to Freight Up! In this week's episode, we dive into the impact of the Israel-Hamas war on the crude market. Archie Smith sheds light on the current state of fuel prices and how they have been affected by recent events. We also discuss the long awaited FFA update and get a glimpse into the paper market.  Bloomberg Report on Physical Prices: Welcome back to Freight Up! Our weekly podcast from Freight Investor Services - or as we're more affectionately known - FIS is here to bring you another massive update. The recent Bloomberg report that highlights a slip in physical crude prices. We talk about the phenomenon and what it's attributed to. And just what is happening with crude inventories in the US?  Here's the link to the FIS live app Timestamped summary of this episode: 00:01:02 Greenback strengthens, crude slips due to dollar. 00:05:24 High sulfur cracks fall, spreads widen. Strong buying interest from shipping hedges. 00:09:24 Little movement, highs to lows throughout week. Panamax December contract falls. 00:11:06 Cal 24 stable, Supermax World falls, Q4 tighterThis podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

Markets react to the tragic events Welcome back to Freight Up! Our weekly podcast from Freight Investor Services - or as we're more affectionately known - FIS is here to bring you another massive update.  Middle East Unrest Hey, I'm your host Fernanda! In this week's episode we're discussing the current events unfolding in the Middle East and how they're impacting the commodity markets.  Join us as our experts provide insights on the reaction of the fuel and crude markets to the geopolitical news. We will also get an update on iron ore and explore the latest developments in the FIS Carbon market. Carbon Market Our head of environmental products brings us the latest developments in the carbon discussion. While most of the focus has been on the geopolitical events in the Middle East, it's crucial not to overlook the ongoing conversation around carbon emissions and their impact on the freight and commodities industry. The carbon discussion has been gaining momentum in recent years as the world grapples with the urgent need to address climate change. Industries across the board, including freight and commodities, are facing increasing pressure to reduce their carbon footprint and adopt more sustainable practices. Featured guests in this episode are Archie Smith, James Robinson and Theodore Goulios.   Here's the link to the FIS live app   Timestamped summary of this episode: 00:02:28 Market roller coaster with poor demand outlook. 00:04:41 Market fluctuations not directly tied to Israel-Gaza conflict. Singapore had abundant oil supply from Russia, affecting prices. 00:06:41 Israel-Gaza: Monitor global situation, oil may be impacted. 00:13:08 Seamless participation, marketability, communication across industries. 00:14:39 Proof of green power for green companies. International renewable credits link unexpected countries. 00:17:20 Carbon offsets boost company confidence in legislation.This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

Crude crash and FIS Fertilizer team's risk management tools to bring stability to the market? Welcome back to Freight Up! Our weekly podcast from Freight Investor Services - or as we're more affectionately known - FIS is here to bring you another massive update.  I'm your host, Fernanda, and today we're talking Crude Oil and the KRG pipeline. In this episode, we also have a special treat for you as Barney Talbot-Ponsonby makes his debut and gives us an update on the fertilizer market. Crude crash Archie discusses the recent crash in the crude oil market and its potential impact on supply and demand. He also delves into the factors influencing oil prices, including sentiment and the strength of the US dollar. Additionally, Archie sheds light on the high sulphur market and the recent changes in the crack spread.   Risk management tools We're also joined by Barney Talbot-Ponsonby who talks us through developments in the fertilizer market and shares some sneak preview news around risk management tools!   Here's the link to the FIS live app Timestamped summary of this episode: [00:02:34] Crude oil rally crashes, hitting new lows. [00:03:18] High interest rates fuel global fuel demand. [00:07:23] High sulfur content is good for refining. European market short on high sulfur supply. [00:12:07] Indian tender expected; big moves in market. [00:13:34] Brazil physical offers up, China news slow. This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

Hurricane Idalia, East West Sulphur, and a new voice to the Freight Up Podcast from FIS... Welcome back to Freight Up! It's the weekly podcast from Freight Investor Services - or as we're more affectionately known - FIS.  I'm your host, Fernanda, and today we're talking Q4 tightness. In this week's episode we have a doubleheader of insights, featuring a fuel oil update and a catch-up on the ferrous complex. The people's broker and our very own 'Sand Jesus', Archie Smith, joins us to shed light on the recent developments in the oil market. We discuss the climbing crude oil prices, the tensions between OPEC and Western economies, and the intriguing dynamics of the high sulphur East West market. Additionally, we explore the impact of monsoon season on fuel demand and the widening of the high five spread.  We also have Hao Pei on board the good ship Freigh Up this week as we talk FOB Australia Coking Coal. Why has it seen the biggest single week increase over the year? We'll find out in this episode!   Here's the link to the FIS live app Timestamped summary of this episode: 00:01:51 Crude climbing, uncertainty ahead due to meetings 00:04:13 High sulphur fuel oil prices continue to rise. 00:08:55 BHP truck accidents caused coal market speculation. 00:11:32 Crude oil crucial for commodities rebound, watch.  This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

Saudi & Russia Crude Production Cuts, Iron Ore's HUGE spike & new IEA Data... Welcome back to Freight Up! It's the (mostly) weekly podcast from Freight Investor Services - or as we're more affectionately known - FIS.  I'm your host, Fernanda, and today we have a packed episode for you, including "The people's broker, Archie Smith" on the fuel market (and West Ham), and our Commodity Researcher Hao Pei gets to grips with the Ferrous market. So grab a cuppa, sit back, and get ready for an insightful journey into the world of shipping and commodities. Archie on the rising cost of crude Joining us today is Archie, our resident expert, who will be giving us a macro lens view of the fuel market. He explores the affect that the continuing cuts in production from Saudi and Russia are having, and discusses the impact the new IEA data could have on the markets. Iron ore spike We're reunited with Commodity Researcher Hao Pei who gets deep into the ferrous market.  He discusses the recent spike in Iron ore, the key drivers and it's sustainability. He also talks about predictions for this years Q4, and the reasons he thinks it will perform better than recent years. Here's the link to the FIS live appThis podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

Archie discusses the impact of Hurricane Idalia on the fuel market, including concerns about production slowdowns. Conor Gilsenan shares exciting news about FIS's new physical oil initiative, explaining the differences between physical and paper markets.

Decoding carbon offsets and exploring the voluntary carbon market with Viridios Capital Welcome back to Freight Up! It's the (mostly) weekly podcast from Freight Investor Services - or as we're more affectionately known - FIS.  In this week's episode, we’re revisiting an older conversation around the world of international shipping and its impact on greenhouse gases and carbon emissions trading. Producer Neal sits in for Fernanda and the rest of the Freight Up podcast team and recasts a previous episode of the podcast in which Kerry Deal and former host Chris Hudson had an intriguing conversation with Andrew Glass, Head of Sales and Partnerships for Viridios Capital. They discuss carbon offsets and emissions offset markets and the significance of addressing carbon footprints, the role of voluntary carbon markets, and the importance of transparency in pricing. Discover how technology and AI are revolutionising the market and paving the way for a more standardised and globally adopted approach. Listen in to gain insights into nature-based solutions and their impact on not only carbon sequestration but also on sustainable development goals. Whether you're new to Freight Up or have been with us from the start, this episode is sure to offer valuable knowledge and a fresh perspective on the industry. So hit play and let’s get into this captivating conversation on Freight Up!   Here's the link to the FIS live app Timestamped summary of this episode: 00:00:01 Greenhouse gases, carbon emissions, international shipping, net zero - implications, trading, market, pricing 00:03:37 Voluntary carbon market lacks transparency; one solution 00:06:59 Diverse EUA and voluntary carbon markets. Opportunity in nature-based carbon solutions 00:12:21 Exports come from overseas. Marketplace evolving, exciting challenge. Freight market shouldn't play games This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

Riding that freight rollercoaster once more with updates on the Cape, Panamaxes and Iron Ore! Welcome back to "Freight Up!", the podcast from Freight Investor Services that brings you all the latest news and insights from the world of freight and logistics.  In today's episode, we’re discussing the significant fall in price and aggressive moves that are shaking the industry. Joining us on the show are our industry experts Kerry Deal, Hao Pei, James Robinson, and Archie Smith, providing their unique perspectives on the current market landscape. We discuss the increase in volumes and short covering, as well as the impact of liquidating positions and the implications of waiting for the market to calm down. Listen in as we analyze the rise in interest and liquidity in specific contracts, such as cal 24 25 and 25 26, and delve into the intricate world of cal spreads. We also examine the influence of iron ore market volatility and its correlation with the macro market. Plus, we explore the factors driving the recovery of Australian thermal coal exports to China and the implications for rates. All this and more on today's episode of "Freight Up!" Crude oil prices surpass resistance levels due to positive economic outlook and low Chinese imports Archie discusses the recent surge in crude oil prices, which has seen prices surpass resistance levels. The primary reason for this upward momentum is a positive economic outlook and lower-than-expected crude oil imports from China. Firstly, the positive economic outlook plays a significant role in driving crude oil prices higher. The Energy Information Administration (EIA) released a report that increased GDP growth predictions and Brent price forecasts. This positive news has created optimism in the market, leading to increased demand for crude oil and thus higher prices. Secondly, the decline in Chinese crude oil imports has further contributed to the rally in crude oil prices. In June, Chinese imports of crude oil were weak, indicating reduced demand. This has raised concerns in the market about overall global demand for crude oil. However, despite this negative factor, the rally in crude oil prices suggests that the positive economic outlook and other factors outweigh the impact of lower Chinese imports. It's important to note that alongside these positive factors, there are also downward pressures on crude oil prices. For example, the weak Chinese crude oil imports in June suggest a potential slowdown in economic activity. Additionally, a stronger dollar can weigh down on the price of crude oil, as it makes it more expensive for countries with other currencies to purchase oil. Overall, the current situation in the crude oil market can be described as a pendulum, swinging between demand concerns and positive economic outlooks. The rally in crude oil prices due to surpassing resistance levels indicates a strong market sentiment. However, it remains to be seen how long this upward momentum can be sustained and whether other factors, such as Chinese imports and the strength of the dollar, will impact prices in the future. Market concerns rise as China's Country Garden misses bond payments due to liquidity stress Market concerns arising from China's Country Garden missing bond payments? This situation has caused liquidity stress and raised questions about the overall stability of the market. Country Garden, one of China's prominent house developers, failed to make bond payments, amounting to $22.5 million. The company claims that it is a short-term liquidity issue and plans to pay the coupons within 30 days. However, the market remains skeptical. Listen to learn why.   Here's the link to the FIS live app Timestamped summary of this episode: 00:00:44 Crude oil prices surpass resistance levels due to positive economic outlook and low Chinese imports. 00:03:29 Fuel oil market softens, cracks weaken. 00:07:08 Deflation could worsen consumer woes in China. 00:13:34 Market volatility, quiet periods, iron ore spike. 00:14:48 Market concerns rise as China's Country Garden misses bond payments due to liquidity stress. Correction likely due to crowded position and external factors impacting construction projects. 00:17:42 Optimized supply, balanced demand, correlation with commodities. 00:23:26 Panamaxes performing well, rates climbing steadily. Active market, supported rates, growing demand. 00:24:31 Paper slowly increases with doubts on capes.This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

Insights from China's Politburo Meeting - James Robinson Shares Key Takeaways Are you interested in gaining insights into the potential impacts of China's Politburo meeting on the iron ore market? If so, this is the episode of our Freight Investor Services podcast for you.  This week on "Freight Up!", James Robinson will be sharing valuable information that can help you understand the impact of the meeting on the markets.  By listening in, you’ll be bang up to date with the knowledge needed to stay informed and make informed trading decisions if you’re dancing around Iron Ore markets. This week, Fernanda’s on her holidays so instead producer Neal hosts the show talking to fellow Freight Uppers Joshua Stern, Archie Smith and James Robinson! This week: Hidden Dynamics driving volatility The ongoing volatility in the crude oil market is notably interesting, driven by a myriad of factors such as the lack of Russian supply and high demand in regions like the Middle East and China. These dynamics are causing significant fluctuations in the high sulphur fuel oil market. Given this, anyone involved in the oil industry should pay keen attention to these shifts as they can result in far-reaching implications on a global scale. Seasonal Ebb and flow The steel market tends to show patterns of seasonal ebb and flow, currently witnessing a summer lull. Joshua Stern mentions that while the scrap markets and LME rebar are quiet, there's noteworthy activity in the US and EUHRC curves. Understanding these patterns can help businesses effectively navigate their operations and capitalize on market trends. Josh mentions you should keep an eye on the FIS LinkedIn articles page for his blog post with a deep dive into how basis risk affects various different players in the steel market! Far-reaching implications of China's Politburo meeting The recent Politburo meeting in China has stirred the iron ore market causing a rally in prices. However, the situation is complex as China faces considerable economic challenges including high levels of debt and potential deflation. These factors complicates China's ability to engage in typical debt-driven stimulus, creating a climate of uncertainty that has broad implications for the global iron ore market's Politburo meeting. Here's the link to the FIS live app Timestamped summary of this episode: 00:00:00 - Introduction and ‘housekeeping’ 00:01:03 - Oil Market Update - volatility 00:07:05 - Steel Market Update – catango? 00:09:42 - China's Iron Ore Situation – deflation coming?This podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy

The steel market 'summer lull' - is it over? The steel industry is undergoing something of a transformation. With the green movement propelling changes and the rising importance of scrap, stakeholders in the industry must be prepared for evolving market dynamics. While the summer slump is expected, the underlying changes are what will define the future of steel. In this week's episode of Freight Up, our Freight Investor Services podcast, we delve into that story, as well as getting the latest amid the political crisis in Ukraine. It's had a major ripple effect on global markets, particularly in the oil and steel markets. But what is that impact? Join me, Fernanda, as I chat with fellow Freight Uppers Joshua Stern, Archie Smith and Kerry Deal, and get the very latest! Oil dynamics: Sing spreads shock (and is that some support we spot for crude?) Archie Smith and I examine the latest trends and surprising movements in the oil market. Crude oil has shown notable support in recent times, with a rise of about 5% on the week. The market witnessed highs surpassing $83.80 per barrel in the Brent futures. But what's it all attributed to? Here's the link to the FIS live app Timestamped summary of this episode: (00:00:54) Summer lull (00:03:46) LME scrap contract - not much flow (00:09:20) Oil market movements (00:12:30) Violations of expectations and High Sulphur (00:14:16) Kerry's freight updateThis podcast uses the following third-party services for analysis: Podder - https://www.podderapp.com/privacy-policy