Commodities Wrap
The strengthening of Venezuela’s oil sector
The Capesize market
Agricultural markets
Breakwave Bi-Weekly Tanker Report - September 8, 2026
Atlantic Strength and Hormuz Risk Support VLCC Premiums – Firmer enquiry from the US Gulf, Brazil and West Africa is absorbing prompt VLCC tonnage and limiting the number of ships available to ballast towards the Middle East while owners considering Arabian Gulf employment must also factor in the security, insurance and operational exposure associated with Hormuz, increasing the cost of attracting vessels east.









