Breakwave Weekend Read


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. The importance of an FFA market in today’s volatile shipping freight marketIs the seasonal VLCC pickup appearing?The latest East-West divideDemolition activity, and more.


Breakwave Tanker Report 

VLCC Market Faces Mixed Signals: Rate Rebound Amid China's Shifting Crude Strategy and Weaker Demand – The beginning of Bahri week brought encouraging developments for Very Large Crude Carrier (VLCC) owners, as rates improved in both East and West African markets.

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Capesize vessels continue to thrive on the strength of Brazil-China iron ore trade, while Panamax and geared segments remain under pressure, weighed down by softer agricultural exports.

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Doric Weekly Market Insight





Cementing the Future

The resilience of sustainable infrastructure investment has gained attention, as the world witnessed significant disruptions in economic growth..

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BRS Weekly Dry Bulk Newsletter


There’s a difference between “expensive” and “bubble”

US equity valuations are now very challenging.


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Forvis Mazars Weekly Note






The latest East-West divide

Lacklustre oil demand from China has been a leading story in tanker markets this year. 


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Gibson Tanker Market Report




Demolition activity

Demolition activity across all sectors has been notably subdued thus far this year.

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Intermodal Weekly Market Report




China's Coal Production Last Month Fared Better Than Coal-Derived Electricity Generation

China's coal production in October totaled 411.8 million tons.


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From Commodore's Weekly Dry Bulk Reports






Is the seasonal VLCC pickup appearing?

VLCC activity at Saudi ports is on the rise so far in November, with a growing number of tankers loading from the country and arriving ballast

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Vortexa - Global Freight Snapshot




India's Hydropower Production Remains Robust

As we discussed in Commodore Research's most recent Weekly Dry Bulk Report, China's coal production in October totaled 411.8 million tons. 

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From Commodore's Weekly Dry Bulk Reports


The importance of an FFA market in today’s volatile shipping freight market

In today’s volatile shipping market, particularly amid unpredictable global conditions and geopolitical events, Forward Freight Agreements (FFAs) play a crucial role in stabilising and managing risk.

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Signal Ocean Special Report


Weakness across all dry bulk vessel segments

The Baltic Dry Index declined for a fourth consecutive day on Thursday amid weakness across all dry bulk vessel segments.

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The Fix - Global Market Update