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
Capesize Spike Fades as Market Balance Loosens – The recent rally that pushed spot Capesize rates to the $30,000 mark is beginning to lose steam, with signs of weakness emerging in the Pacific market.
In a notable departure from the same period last year, the twenty-fifth trading week concluded with a far more subdued tone, particularly across the larger dry bulk segments.
Doric Weekly Market Insights
Inflation, not Iran
Geopolitical events rarely have lasting effects on financial markets; economic and financial fundamentals remain the key drivers.
Forvis Mazars Weekly Note
Oil falls as tensions ease in Middle East
Easing fears of supply disruptions pushed energy markets lower. Metals were mixed amid the shift in sentiment.
Commodities Wrap
Tankers Research Update
Tanker spot rates on key Middle East export routes have surged to their highest levels this year on June 23 amid a sharp escalation in regional tensions in the Middle East.
Braemar Research
A fluid and fast-evolving geopolitical landscape
Amid a fluid and fast-evolving geopolitical landscape in the Middle East marked by geostrategic calculated moves, energy and shipping markets are adjusting to the latest developments, reflecting the broader geopolitical dynamics at play.
Intermodal Weekly Market Report
Strait of Hormuz: Risk perception drives up freight rates, but transits continue
1.5 weeks into the Israel-Iran conflict, we discuss impacts to the freight market as seen in freight rate developments and actual transits in the Strait of Hormuz.
Vortexa Freight Weekly
Strong US demand boost sentiment in oil market
Crude oil rebounded after Trump pulled back from sanction relief on Iran. Metals were broadly higher amid signs of stronger demand.
Commodities Wrap
Capesize Market Falling Due In Part To Drop in Brazilian Spot Iron Ore Cargo Volume
As we discussed in Commodore Research's June 23rd Weekly Executive Report, overall dry bulk rates fell last week with capesize rates in particular coming under significant pressure.
From Commodore's Weekly Dry Bulk Reports
Spotlight on Indonesian Thermal Coal Shipments
This week’s Market Monitor highlights a notable shift in thermal coal trade flows, particularly in the evolving import strategies of China and India.
Signal Ocean Dry Weekly Market Monitor