Breakwave Weekend Read

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 

Spot Indices Stabilize at Elevated Levels with Q4 in Sight – The recent push in spot dry bulk indices that lifted the market to relatively high levels seem at first sight to have run its course.

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The dry bulk market entered a more cautious phase in early September last year, with the BDI range-bound, balancing at 1,890 points after failing to sustain momentum above the 2,000 threshold.


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Doric Weekly Market Insights






Sudden Strong Growth in Coal India's Output

India produced approximately 133.7 billion kilowatt hours of electricity in August. 


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From Commodore's Weekly Dry Bulk Reports




Iron Ore Shipments to China are gaining stronger momentum

Iron ore shipments to China surprisingly strengthened in August, seemingly driven by the drop in iron ore prices and preparations from Chinese mills for a traditional summer pickup.


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Signal Ocean Dry Weekly Market Monitor


We shouldn’t fight the Fed. Even if it’s not independent.

The Fed is expected to cut rates despite inflation edging up, under the twin pressures from a deteriorating jobs market and the White House.


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Forvis Mazars Weekly Note





The Steel Behind Geared

Typically speaking, steel has been one of the major provider of freight employment within the minor bulk cargoes category.

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BRS Weekly Dry Bulk Newsletter





Stronger USD weighs on sentiment

A stronger USD weighed on sentiment across the commodities complex following the Fed decision to cut rates.

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Commodities Wrap




Indonesian Coal Flows Gradually Rebound

Following a weak start to 2025, Indonesian thermal coal shipments are showing signs of recovery.


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Signal Ocean Dry Weekly Market Monitor






Return of Growth in Gas Engine Vehicle Sales in China Continues

As we discussed in Commodore Research’s most recent Weekly China Report, August saw a total of 2.86 million vehicles sold in China (and also 611,000 vehicles exported). 


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From Commodore's Weekly Dry Bulk Reports







Iron Ore: The Calm Before the Storm?

Iron ore is usually one of the most unpredictable commodities out there..


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Novisea




Reality check: China’s appetite for a new stockpiling wave

China’s onshore crude inventories reached all-time highs in August, raising the question of whether another wave of stockpiling is on the horizon.


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Vortexa Freight Weekly