BDRY News and Press, Breakwave Dry Bulk Shipping From 10/15/22

Summary After a bumpy year, 2023 could prove to be even more challenging for global goods trade with consumer demand faltering, oversupply returning, and the energy and subsequent inflation crisis persisting. So far this year, global merchandise trade has held up extremely well gi...

Summary The current investing environment has been especially challenging due to the fact most investment vehicles have generated a negative return this year. At current equity market levels and given the extent of the three-quarter decline this year, historical market performance...

Summary Goods in the pipeline have slipped back a bit below normal because many companies had ordered more than they needed when they were unable to get goods and are now overstocked. Thus, ports are no longer backed up. The supply chain is still messed up, but in a different way....

Summary Since the start of the year my largest position has been cash. Cash rarely performs well but it has performed well in 2022 and now the yield on the 3-month Treasury is over 3%. Monetary policy continues to be restrictive which further supports cash over risk assets. ...

Grindrod shipping offers investors the opportunity to get exposure in the dry bulk shipping market with less of the volatility normally associated with smaller vessels. The company is trading at 2.3 times its forward earnings and has taken steps to strengthen their balance sheet and s...

Shipping stocks led by ZIM Integrated Shipping (NYSE:ZIM) sank in Wednesday's trading as J.P. Morgan analysts said they anticipate a slowdown in freight traffic will hurt the sector and singled out the company as a stock that will underperform, according to Bloomberg. While ZIM closed -1...

IHS Markit forecasts dry bulk rates to remain stable in the coming years with limited supply and stable growth in trade—more bullish in the near term and bearish for medium term. Dry bulk demand growth is expected to decrease to 0.2% in 2022 and settle at 1.7% in 2023, compared...

The fundamentals for lumber, like a lot of commodities, had been favorable. Supply bottlenecks and persisting pandemic plight would limit how much production could make it to market, inelasticity taken for granted as somewhat permanent/durable, thereby constantly susceptible to what other...

With the war in Ukraine and China’s zero-Covid policy, delays and prolonged supply bottlenecks are defining this year’s world trade outlook. Yes, demand is softer, notably from China but the backlog is such that supply chains will remain strained for the rest of the year...

Plans to relocate manufacturing operations to a second or third country could prove costly and complex in face of realities of the pandemic era. Reshoring of operations needs to consider a variety of challenges from infrastructure to availability of skilled workforce and rising wages ...