Welcome to Breakwave Advisors Weekend Read
As the week comes to a close, take a moment to review the key insights from the past few days. Missed something? We've gathered all the top insights for you to catch up at your convenience.
Breakwave Shipping Report
Peak Trade War Behind Us, Dry Bulk Could See Higher US Exports – The recent announcement regarding a reset in trade relations between the U.S. and China is a positive development for the dry bulk shipping market.
Within the OPEC framework, member states are far from equals.
Doric Weekly Market Insights
Oil pricing and balances at the brink of recession territory
In this big picture take, we look at demand, supply, trade, inventory and price indications to assess the state of the oil market, as well as whether the role of OPEC+ has changed.
Vortexa Freight Weekly
Market Shifts and Shipping’s Crosswinds: Fixed Income, Commodities and Currencies
Markets remain volatile, seemingly lurching from one macroeconomic crisis to the next, with few moments of stability.
BRS Weekly Dry Bulk Newsletter
Tariffs are still +10%
The US reached a business deal with the UK alleviating pressures on steel and aluminium and promoting sales of industrial products, but 10% tariffs remained.
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Forvis Mazars Weekly Note
Global trade and shipping markets
Last weekend brought encouraging news for global trade and shipping markets, as progress on two key fronts helped ease geopolitical tensions and lift market sentiment.
Intermodal Weekly Market Report
Global Iron Ore Boom: Rising supply threatens to depress prices
As projected in our March outlook, the global iron ore market has entered a supply-led phase, with prices indicating a significant downward trend.
Allied Weekly Report
Soybean Dry Bulk Flows
Brazil continues to strengthen its position as China's primary soybean supplier, with this dominance mainly attributed to the country's record harvests,
Signal Ocean Dry Weekly Market Monitor
Venezuelan crude exports drop in April amid export licence revocation
In this piece, we examine the impact of the United States revoking Chevron’s licence to operate in Venezuela.
Vortexa Freight Weekly
Growth in Coal India's Production
As we discussed in Commodore Research's most recent Weekly Executive Report, Coal India (which is responsible for over 75% of India’s coal output) produced approximately 62.1 million tons of coal last month.
From Commodore's Weekly Dry Bulk Reports
Shift in CPC Crude Exports Towards Suezmax Utilisation
The 2025 outlook for crude oil exports from the CPC terminal at Novorossiysk indicates a decisive structural shift toward Suezmax utilisation, with a marked decline in Aframax deployment.
Signal Ocean Tanker Weekly Market Monitor