FIS LATEST NEWS

Our experts and contacts discuss and analyse key developments in freight and commodities.

News

Happy Capemas: Is This Year’s Present Bigger than 2008?

Wednesday 29th November brought the market an early Christmas present, with record cleared
volumes on Capesize contracts with 19,057 lots across the Cape TC, options and C5 route. Alongside
this there has also been the largest jump in the spot rates since 2010, with rates jumping over $7,000
from $34,656 to $41,796/day on the C5TC index.

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Ammonia

First Ammonia Future Traded  

The deal brokered by Freight Investor Services (FIS) paves the way for hedging based on the supply and demand dynamics of the ammonia market in Europe; Building block for future blue and green ammonia trading  

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