Welcome to Breakwave Advisors Weekend Read
As we conclude the workweek and head into the weekend, take a moment to review the key articles from this week, including those you've highlighted. Dry bulk market is grappling with significant headwinds, I’d give you a cookie, but I ate it, LR transits around the Cape of Good Hope increase, but is it short-lived?, Dry Bulk Grain Flows, and more.
Breakwave Tanker Report
VLCC Market Strengthens as Geopolitical Tensions Rise and Winter Demand Looms – The third week of October closed with signs of firmer market sentiment for VLCC owners in both the East and West regions, as geopolitical tensions in the Middle East persisted despite oil prices edging lower.
The Capesize market has been closely monitoring China’s iron ore port stocks this week. Exactly one year ago, inventories had dipped to 105.2 million tonnes as of October 13, marking a nearly..
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Doric Weekly Market Insight
China's Manufacturing Production Growth Finally Below 5%
As we discussed in Commodore Research's most recent Weekly China Report, newly released data has shown that China’s manufacturing production increased..
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From Commodore's Weekly Dry Bulk Reports
Our Four Key Themes
Wars have erupted, global consensus has ceased, growth is little and based on increasing piles of debt and “cooperation” has become a dirty word in politics.
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Forvis Mazars Weekly Note
Europe’s CPP imports are robust
In 2024 so far, Europe’s CPP imports are robust, with diesel/gasoil continuing to account for the majority of total volumes.
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Intermodal Weekly Market Report
Weaker demand and higher Chinese production
The Baltic Dry Index retreated for a sixth consecutive session on Tuesday, with the capesizes primarily responsible for the headline indicator’s ..
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The Fix - Global Market Update
I’d give you a cookie, but I ate it
Earlier this month, Beijing introduced a series of economic measures which comprised simultaneously for the first time, rate cuts, a reduction in the RRR (Reserve Requirement Ratio)...
BRS Weekly Dry Bulk Newsletter
LR transits around the Cape of Good Hope increase, but is it short-lived?
Tonne-miles for Aframaxes and Suezmaxes carrying crude from Russia Baltic, Black Sea,
Vortexa - Global Freight Snapshot
Dry Bulk Grain Flows
Russia plays a pivotal role as a supplier of wheat to Egypt, which holds the title of the world's largest wheat importer.
Signal Ocean - Dry Weekly Market Monitor
VLCC Ras Tanura - Port Congestion Metrics
This week’s focus highlights a notable decrease in vessel congestion at the port of Ras Tanura, specifically for dirty tankers, including VLCCs and Suezmax vessels.
Signal Ocean - Tanker Weekly Market Monitor
Smaller Contraction in Global Grain Trade Now Expected
The United States Department of Agriculture (USDA) earlier this month released its latest grain export forecast for the 2024/25 season,
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From Commodore's Weekly Dry Bulk Reports
Saudi Arabia has recently boosted crude exports primarily by drawing down inventories.
Vortexa Freight Weekly