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


Breakwave Tanker Report 

VLCC Futures Explode Higher Amid New Russian Shipping Sanctions – The tanker market has seen a significant surge in freight futures over the past few days, driven by a notable announcement from the U.S. imposing sanctions on over 180 Russian-linked vessels.

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This week’s focus highlights a downward trend in the AG supply of VLCC tankers..

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Signal Ocean Tanker Weekly Market Monitor






A buoyant market environment

As is typical in the volatile dry bulk market, sharp reversals and unexpected developments are to be expected, 


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Doric Weekly Market Insights


The Big Picture: OFAC Sanctions

Will China and India receive sanctioned tankers?

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Braemar Tanker Big Picture




India's Power Plant Stockpiles and Coal India's Stockpiles Have Each Climbed Further

Coal stockpiles at India's power plants have recently risen to approximately 45.4 million tons. 


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From Commodore's Weekly Dry Bulk Reports



Why are we starting the year with a bond rout?

The three things investors should know this week..

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Forvis Mazars Weekly Note





2025 Begins with Uncertainty

The year 2025 commenced with uncertainty surrounding both the dry bulk and tanker sectors. 


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Intermodal Weekly Market Report


Impact of OFAC sanctions on Russia trade depends on China's response

China's Shandong Port Group has privately instructed its ports to ban vessels sanctioned by the US Office of Foreign Assets Control..

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Vortexa Global Freight Snapshot

2024 Market Review and 2025 Outlook

At the start of 2024, the global shipping industry saw encouraging signs and was optimistic about the year ahead.

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Tankers International Market Review


The Cape Trifecta: Part II (Chinese Coal Appetite)

Last year, China’s coal imports (both seaborne and inland) surged, continuing 2023’s momentum.

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BRS Weekly Dry Bulk Newsletter



China's Steel Production Continues to Maintain Year-On-Year Growth


Stockpiles of flat and construction steel products at warehouses in major cities in China ended last week at approximately 8.7 million tons. 


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From Commodore's Weekly Dry Bulk Reports



Mixed messages on Russian sanctions weighs on energy markets

Energy markets fluctuated due to geopolitical tensions, while metals found support on signs of stronger demand.

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Commodities Wrap