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
February Curse is Broken as Capesize Rates Surge – The recent surge in dry bulk spot rates has defied the seasonal weakness that typically characterizes the market at this time of the year.
Insights Of The Week
Global trade
In the second week of February last year, Doric’s Weekly Insight focused on the abrupt escalation in global trade tensions..
Doric Weekly Market Insights
Crude Clampdown
The EU is considering a major change to its sanctions framework on Russian oil.
Gibson Tanker Market Report
Coal India's Stockpiles Set Record
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 79.8 million tons of coal last month.
From Commodore's Weekly Dry Bulk Reports
Steel flows climb in 2025 as weak domestic demand in China leads to greater reliance on export markets. This trend has continued into 2026.
Signal Ocean Commodity Radar
Should we throw the “higher inflation” towel?
Inflation is the sort of unpredictable variable that can expose even the cleverest economic minds.
Forvis Mazars Weekly Note
Capesize Leads the 2025 Sale and Purchase Market
Last year, the dry bulk sale and purchase (S&P) market remained subdued reflecting the lacklustre freight market throughout the first half of the year.
BRS Weekly Dry Bulk Newsletter
Liberia’s iron ore ramp-up aims to boost Capesize demand in 2026
Discussions on Capesize trade growth opportunities from West Africa have focused on Guinea, thanks to soaring bauxite exports and the long-awaited start of iron ore operations from the Simandou project, from where five ore shipments have been recorded to date.
Braemar 360 Degrees
Dry Bulk market on a firmer footing
The dry bulk market has entered 2026 on a markedly firmer footing, with the strong finish of 2025 and the solid opening weeks of the new year translating directly into higher asset values across all size segments.
Xclusiv Shipbrokers Weekly Report
Oil gains as Iran prepares for confrontation with US
A broad risk-on sentiment has returned to commodity markets, with prices rising across the sectors. Strong US economic data have supported not only growth commodities but also precious metals.
Commodities Wrap
China Sources Wheat from Argentina
Argentina begins shipping wheat to China, adding origin diversification but with limited immediate impact on vessel allocation.
Signal Ocean Dry Weekly Market Monitor