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
August Blues Depress Volatility but Rates Hold Strong – An uneventful fortnight in terms of cargo flow has reduced near-term activity, contributing to a decline in spot rate volatility.
The Handy tanker market continues to shrink. This has been an ongoing trend for many years, which was rapidly accelerated by the conflict in Ukraine.
Gibson Tanker Market Report
Markets mixed amid subdued trading
A lack of progress towards a peace deal in Ukraine pushed oil higher. However, a stronger USD weighed on investor appetite across the reset of the complex.
Commodities Wrap
Shipbuilding sector has witnessed notable developments
Recently, the shipbuilding sector has witnessed notable developments across the Atlantic, driven by President Trump’s long-term ambitions to revive US shipbuilding industry.
Intermodal Weekly Market Report
Global crude exports remain strong as oversupply fears loom
In this piece, we take a look at Atlantic and Pacific basin crude export dynamics, the state of OPEC+ and South America exports, and price dynamics.
Vortexa Freight Weekly
Dry Bulk Carrier Newbuilding: Has the Supercycle Run Its Course?
In the first seven months of 2025, dry bulker ordering activity has experienced an unusually deep slump compared to the last few years.
BRS Weekly Dry Bulk Newsletter
Tankers Research Update
European refiners remain under pressure in the gasoline market as Nigeria’s 650k b/d Dangote refinery ramps up output.
Braemar Research
Chinese Coal Import Demand Prospects Finally Improving
As we discussed in Commodore Research's most recent Weekly China Report, domestic coal production totaled 381 million tons in July.
From Commodore's Weekly Dry Bulk Reports
Iran flows steady, Venezuela exports lag
Iran exports steady near 1.2mbd; Venezuela lags at 540kbd on diluent shortages. Sanctioned flows hold but hinge on China demand, deep discounts.
Vortexa Freight Weekly