What Drove Cape 5TC’s 54% Spike?

Hello and welcome back to Freight Up, the number 1 commodities and freight markets podcast from FIS. We're your hosts, Jess, and Davide, and in this episode of Freight Up and in this episode, we’re joined by Ben Klang, who breaks down the latest trends in the dry freight market, Hao Pei discussing the rebound in iron ore prices, and Archie Smith providing an update on the decline in Brent crude futures. Additionally, we have Hugh Taylor from FIS, sharing his expertise on risk management in shipping post a successful seminar in Athens. Whether you're a current client or someone who's thinking of working with us, this episode's packed with essential information to keep you informed on the critical movements within the trading sphere. Listen in as we explore these topics and more on Freight Up!Remember, follow "Freight Up" in your favourite podcast app, and find us on LinkedIn! And check out our app FIS Live for the latest insights. Thanks in advance for listening to this Freight and Commodity podcast by FIS!Useful links:FIS LiveTimestamps00:00 Market updates: iron ore and dry freight.03:23 May and June market rates fluctuated but closed higher.07:27 Iron ore fell as expected, market analyzes.10:25 Decrease in war premium affects oil prices.13:41 Assist Greek shipping clients with trading derivatives.17:54 Greek generation interested in shipping options, future plans.