Intermodal Weekly Market Report
VLCC rates languish despite Chinese import growth and a recent swing to compliant fleet
The Year in Review
Electric Car adoption in China Having Significant Impact on Both Tanker and Dry Bulk Shipping Markets
Implications for global economic growth
Breakwave Weekend Read
Trump’s Wall of Tariffs
Middle East diesel supplies shifted from West to East, hampering dirty-to-clean switches for large tankers
Clean-to-dirty shift evident across vessel classes
Free Trade Area
Breakwave Bi-Weekly Tanker Report - December 17, 2024
Clouded Horizons: Crude Tanker Freight Market Struggles Amid Weak Demand and Geopolitical Uncertainty – December continues to cast a shadow of pessimism over the crude tanker freight market, with VLCC (Very Large Crude Carrier) rates struggling to gain momentum during what is typically the peak winter demand season.
