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. A challenging freight market environmentBig-3’s crude exports dip in December, led by Russia2025 isn’t forecastable. But we will try.The Big Picture: Tanker ordering, and more.

Breakwave Dry Bulk Report 

New Year Brings New Challenges, but It Is Weather That Will Determine Rates Near Term –The Christmas break provided little new insight into an otherwise challenging dry bulk market.

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As we discussed for clients earlier last month, China's coal imports in November totaled a record 55 million tons.

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From Commodore's Weekly Dry Bulk Reports










The Big Picture: Tanker ordering

How many tanker NBs will deliver over the next few years? A lot more than we thought this time last year, that’s for sure.

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Braemar 



2025 isn’t forecastable. But we will try.

The Five Questions for Investors in 2025...

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Forvis Mazars Weekly Economic and Investment Note


Big-3’s crude exports dip in December, led by Russia

In this insight we explore the most recent changes in seaborne exports of the top three global crude producers.


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Vortexa Freight Weekly




A challenging freight market environment

This week’s highlight delves into the evolving dynamics of Capesize ballasters in the South Atlantic and the evolution of iron ore shipments..

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Signal Ocean Dry Weekly Market Monitor





Narrowing transatlantic freight spreads drives MR supply in NWE

VLCC freight rates pressured by lower voyage distances despite higher voyage counts


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Vortexa - Global Freight Snapshot




Americas crude export growth supported by Brazil and Guyana

Crude export growth out of the Americas has remained robust driven by Brazil and Guyana while US and Canadian exports have experience some slowdown

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Vortexa Freight Weekly

The Cape Trifecta: Part I (Iron Ore)

Accounting for over 70% of the global Capesize seaborne market, China's influence on the Capesize market is undeniable.

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BRS Weekly Dry Bulk Newsletter