Breakwave Advisors

Do you know what freight futures are?

Bottom is In; Trajectory of Recovery Depends on the Atlantic – We believe the significant correction in spot #Capesize ratesthat pushed the Index down some 50% in a month’s time is now over. #markets #shipping   See the most important parts of the report on the video here below ⬇   For the full report click here: https://lnkd.in/dj_bd9AP

As we conclude the workweek and head into the weekend, take a moment to review the key articles from this week, including those you've highlighted. #shipping #economy #markets

VLCC Market strengthens as geopolitical tensions rise and winter demand looms. Looking ahead, #VLCC owners appear wellpositioned to hold their ground throughout the fourth quarter.. #shipping #tankers See the most important parts of the report on the video here below ⬇ For the full report click here: https://lnkd.in/dCsU-7RX

As we conclude the workweek and head into the weekend, take a moment to review the key articles from this week, including those you've highlighted. #shipping #economy #markets

As we conclude the workweek and head into the weekend, take a moment to review the key articles from this week, including those you've highlighted. #shipping #economy #markets

Following a long period of stability, volatility in the #drybulk market jumped last week as freight futures dropped to eight-month lows. From here, any further deterioration in spot rates will come as a major surprise for the market and would lead to a lot of participants reassessing their optimistic outlook for the medium term, especially with the first quarter futures sitting at the second highest level (2021 being the exception) in history. #markets #shipping See the most important parts of the report on the video here below ⬇ For the full report click here: https://lnkd.in/dTZyxiKZ

As another week comes to a close attention remains focused on the conflict in the Middle East. Tanker freight rates, particularly the VLCC routes, experienced an uptick as geopolitical risk was priced into the market following downward movement at the beginning of the month. Despite the prevailing optimism that is also due to favorable seasonal trends for tankers, concerns remain. #shipping #tankers

VLCC rates jump amid geopolitical turmoil but demand risks remain. The #crude freight market faces continued complexity as geopolitical tensions remain heightened amid concerns over stability in the Middle East.. #shipping #tankers See the most important parts of the report on the video here below ⬇ For the full report click here: https://lnkd.in/dPsBy63x

The ongoing crisis in the Middle East has created significant disruptions in global oil markets, leading to an increase in #crude oil prices since Monday. Also, VLCC rates noted increase following the seasonal pattern. #tankers #markets