# Is Dry Bulk Shipping the trade of the year? — Breakwave Advisors

> Breakwave Advisors says June was a record month for dry bulk freight, with Capesize rates rising sharply and Panamax and Supramax rates catching up. It describes the recent Capesize pullback as a healthy correction and says the drivers behind the rally remain intact.

- Date: 2020-07-12 · published 2020-07-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/52320-is-dry-bulk-shipping-the-trade-of-the-year-breakwave-advisors
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

The commentary reflects strong dry bulk freight momentum that raises shipping costs for bulk commodities, though it is investor-focused and does not add a new supply or demand shock.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- breakwaveadvisors.com: https://www.breakwaveadvisors.com/insights/2020/7/11/0f2hjrd6mo3y2s6m526j2z1rfddjpc

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.