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. Recovery for Capesizes, Fuel oil tightness and weaker refining margins to support tonne-miles, Indonesia Remains China's Primary Source of Coal Imports, Potential implications on the freight industry following 2024 U.S Election, and more.
Breakwave Dry Bulk Report
Capesize Activity Picks Up as Winter Market Takes Hold - The October slump in Capesize spot rates is now behind us, and we anticipate rates will soon reach the mid-$20,000 range.
In November 2016, as the Brexit aftermath lingered, the world faced another seismic shift:
Read More
Doric Weekly Market Insight
Indonesia Remains China's Primary Source of Coal Imports
The most recent breakdown of China’s coal imports by source has shown that September saw China’s coal imports from Indonesia total 21.3 million tons.
Read More
From Commodore's Weekly Dry Bulk Reports
Signs of subdued demand weighs on oil prices
Commodity prices fell across sectors after Trump’s US election win.
Read More
Commodities Wrap
Trump presidency to target Iran but ultimately it is China’s decision that matters
What does a Trump presidency mean for Iran and its oil exports?
Vortexa Freight Weekly
Recovery for Capesizes
The Baltic Dry Index extended gains into a sixth session on Tuesday as the capesizes continued to recover.
The Fix - Global Market Update
Global gas prices rise as supplies tighten
A surging USD continues to batter commodity markets.
Commodities Wrap
Fuel oil tightness and weaker refining margins to support tonne-miles
The current depressed refining margins for clean petroleum products (CPP), amid ongoing fuel oil supply tightness..
Vortexa - Global Freight Snapshot
Potential implications on the freight industry following 2024 U.S Election
The potential implications of the new 2024 U.S. election and the resulting presidential administration on the freight industry are substantial..
Signal Ocean Special Report
Contraction in Global Grain Trade Remains Headwind for Non-Capesize Segments
As we discussed in Commodore Research's most recent Weekly Dry Bulk Report, dry bulk rates were mixed last week..
From Commodore's Weekly Dry Bulk Reports
OPEC cuts demand growth forecasts
The first round of import tariffs (25% on steel and 10% on aluminium) in March 2018,
Read More
Braemar Research Update