Breakwave Tanker Report 7.2.2024
The VLCC Market Steadies Following a Month of Constant Pressure, as a Rare Positive Factor Emerges – The VLCC market remained relatively stable in the final week of June
Read More »The VLCC Market Steadies Following a Month of Constant Pressure, as a Rare Positive Factor Emerges – The VLCC market remained relatively stable in the final week of June
Read More »Volatility Declines as Spot Rates Remain Rangebound – Not much has changed over the past fortnight, as Capesize spot rates hover in the mid/low-20,000s range
Read More »The VLCC Market Remains under Persistent Downward Pressure Amid Oversupply, Reduced Demand – As we move into the second half of June and the final stretch of the first half of the year
Read More »Steady as it goes while curve inverses and sentiment moderates – The past few weeks have been uncharacteristically calm for the otherwise volatile dry bulk market.
Read More »VLCC Market Faces Downward Pressure Amid Sluggish Activity and OPEC+ Production Cuts – The VLCC market is once
Read More »Dry bulk spot rates move closer to seasonal averages as summer begins – With the strongest first quarter for Capesizes in 14 years behind us
Read More »The VLCC Market Remains Well Supported as Attention Turns to Summer Demand – As the end of May approaches, the VLCC freight market has remained on a slight upward trajectory
Read More »Dry Bulk Spot Rate Volatility Points to Ongoing Positional Imbalances Amidst Solid Volumes – After bottoming in the high-teens, the Capesize Spot Index posted a solid recovery
Read More »Early May Sees Strong VLCC Market Activity Despite Chinese Labor Day Holiday – In the early days of May,
Read More »VLCC Rates Continue to Soften Amid Subdued Activity and a Cautious Charterer Stance – With May fixing activity in full force, the VLCC freight market continued its descent
Read More »Dry Bulk Rates Bounce, but Excitement seems to Fizzle as Market Balance Remains Unfavorable – Following a ~50% drop over the last month, Capesize spot rates bounced back
Read More »VLCC Market Slows Down Post-Chinese Holidays but Owners Remain Resilient Amid Softening Rates, Rising Oil Prices – The VLCC market has become rather
Read More »The correction in dry bulk is here as spot rates look for a bottom – Although the excitement in dry bulk shipping remains unabated
Read More »Spot volatility increases but follow-through fails on muted fundamentals – The third week of March dealt a harsh blow to VLCC owners, as their
Read More »Booming dry bulk market defies red flag warnings emerging from the steel complex – Once again, the Capesize
Read More »