Breakwave Weekend Read

Wishing you Happy Holidays & a Happy New Year!

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. 2024 RealitiesChoppy Waters AheadFree Trade AreaTrump’s Wall of Tariffs, and more.

Breakwave Tanker Report 

Clouded Horizons: Crude Tanker Freight Market Struggles Amid Weak Demand and Geopolitical Uncertainty – December continues to cast a shadow of pessimism over the crude tanker freight market, with VLCC (Very Large Crude Carrier) rates struggling to gain momentum during what is typically the peak winter demand season.

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As we approach the final trading days of the year, the Baltic Dry Indices reflect the tempered realities of 2024,

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Doric Weekly Market Insight





China's Dry Bulk Imports Continue To Meet Our Very Bullish Expectations

China's import data for November was recently released and showed that coal, iron ore, and soybean imports collectively totaled a record 164 million tons.

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From Commodore's Weekly Dry Bulk Reports



Choppy Waters Ahead

In recent years, the tanker market has faced quite a few tailwinds.

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Gibson Tanker Market Report




Chinese teapots face challenges in securing crude imports despite fresh quotas

This report outlines the latest crude flows and VLCC outlook, the progress of the SPR stockpile, and the impact of US tanker-specific sanctions on China.


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Vortexa Freight Weekly




Free Trade Area

After over two decades of negotiations, the European Union and the Southern Common Market..

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Intermodal Weekly Market Report





Clean-to-dirty shift evident across vessel classes

Aframax utilisation on key routes, North Sea-to-UK Continent (TD7) and cross-Med (TD19)..


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Vortexa Global Freight Snapshot




Trump’s Wall of Tariffs

It has been only one month since Donald Trump was officially confirmed as the 47th US President.

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BRS Weekly Dry Bulk Newsletter


Middle Eastern diesel supplies were reshuffled towards the East, reducing the need to carry diesel on supertankers.

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Vortexa Freight Weekly