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Breakwave Dry Bulk Report
Steady as it goes while curve inverses and sentiment moderates – The past few weeks have been uncharacteristically calm for the otherwise volatile dry bulk market.
Powering Ahead
Doric Weekly Market Insight
During the first trading week of June, Baltic indices mostly trended upwards, with the Capesize index leading the charge.
Additional Coal Mine Accidents In China In May
From Commodore's Weekly Dry Bulk Reports
As we discussed in Commodore Research's June 3rd Weekly Dry Bulk Report, two more coal mine accidents occurred in China last month which in total resulted in the deaths of three workers.
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Europe There? We Need To Talk…
Forvis Mazars Weekly Note
Last week’s strong US labour data pushed rate cut expectations even further down. Now the Fed is expected to deliver one rate cut by the end of the year. US rate cuts are balancing on a razor’s edge.
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Renewed Supply Issues Push Global Gas Prices Higher
Commodities Wrap
Metal markets remained under pressure amid concerns over demand in China. Ongoing supply side issues kept energy markets on edge.
Dry Bulk Seasonal Weakness
The Fix - Global Market Update
The Baltic Dry Index retreated for the first time in over a week on Tuesday as the capesizes suffered amid weak demand across the major basins. Among the commodities, iron ore and base metals were among yesterday’s losses, with concerns over the Chinese demand outlook weighing on prices.
Increase In Suezmaxes In Fuel Oil Trade
Vortexa Freight Weekly
This week, in the East, we examine increasing Suezmax exposure in the fuel oil trade, and we look at the marginal pivot eastward for LRs ex-Middle East. In the West, we discuss why the lack of Suezmax ballasters in East Coast Americas is supporting TD25 Aframaxes.
Sale And Purchase Activity Of Dry Bulk Comparatively Tanker
Intermodal Weekly Market Report
The dry bulk sale and purchase activity has demonstrated remarkable strength this year, achieving the second-largest volume of transactions in the sector's history, surpassed only by the record of 403 sales in 2021.
Port Congestion, Far East
Signal Ocean - Dry Weekly Market Monitor
In the second week of June, there's a notable development in Capesize vessel rates on the Brazil to North China route, indicating a firmer momentum.
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A Lot Of Moving Parts
Gibson Tanker Market Report
The long-awaited change in the product tanker market due to the 650kbd Dangote refinery start-up appears to be approaching.
Supply Side Issues Push Global Gas Prices Higher
Commodities Wrap
Mixed signals on the outlook for monetary policy saw commodity markets trade sideways. However, ongoing supply side issues remain supportive.
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Global Crude Exports Recover In May But Atlantic Basin Loses Share
Vortexa Freight Weekly
Global crude supplies were buoyed in May by an almost 700kbd m-o-m rise in global exports, but total exports are still well below peaks seen last year. s for the panamaxes on Thursday, contributing to only a modest increase for the Baltic Dry Index.
Dirty Crude Oil Flows To China
Signal Ocean - Tanker Weekly Market Monitor
In the first half of May, there was a weakening trend in dirty freight rates for the VLCC AG-China market, along with a significant downward revision on the Aframax Med route.
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