VLCC Market Faces Downward Pressure Amid Sluggish Activity and OPEC+ Production Cuts – The VLCC market is once again under renewed pressure as we enter the month of June.
Mixed fortunes for the dry bulk vessel segment
Still Handy?
Significant shifts have occurred in the spot market
Weekly Insights Review
Gains for the capesizes
Strong Asian demand pushed global gas prices higher
Chinese Consumers Buying More Goods, But Strength Is Lessening
OPEC’s Dilemma
VLCC utilisation MEG-to-USG likely to decline
Baltic Dry Index recorded a modest retreat
The Big Picture: Dry Bulk 360 Degrees
The Big Picture: Oil supply disrupters
Breakwave Bi-Weekly Dry Bulk Report - May 28, 2024
Dry bulk spot rates move closer to seasonal averages as summer begins – With the strongest first quarter for Capesizes in 14 years behind us, dry bulk rates have now moved closer to the typical rate for this time of the year, with the Baltic Dry Index sitting at roughly 15% above the 7-year average.
