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Company Profile

Freight Futures reflect market expectations for the future cost of transporting crude oil. Each Reference index is published each United Kingdom business day by the London-based Baltic Exchange Ltd. and measures the charter rate for shipping crude oil in a specific size category of cargo ship and for a specific route.

Phone: (908) 897-0510
Ro_Patel
Ro_Patel Jul. 2 at 4:49 PM
kpler: June 29: 42 ship crossing thru the Strait - June 30: 34 Windward: July 1: 43 ship crossing (24 inbound & 19 outbound) - 68% of tankers going to China A sanctioned crude tanker moved outbound on 1 July with an est'd 1.99M barrels of crude bound for China, while a separately sanctioned tanker with a documented dark-activity history transited inbound — part of a wider inbound flow dominated by Iran-linked and Iranian-owned shipping. A same-day image sweep recorded a cluster of unidentified dark contacts off the eastern shoal and an unresolved grounding of a foreign-flagged vessel near Larak Island after it deviated from Iran's designated transit route 861 cargo & tanker vessels are present in the Persian Gulf on June 28 Iran holding firm on toll collection - US has offered Iran access to frozen funds in exchange for dropping its demand to charge ships transiting the Strait of Hormuz, but Tehran has refused Iran continues to insist on controlling traffic & collecting transit fees, while Oman is proposing a voluntary maritime fund as negotiations over the key shipping route continue $USO $UNG $XLE $BWET $UGA
1 · Reply
Ro_Patel
Ro_Patel Jul. 2 at 3:57 PM
Iran’s military HQ warns any US interference in the Strait of Hormuz will be met with a “decisive & swift response” US & Oman are looking for ways to break Iran's insistence on charging tolls for ships to pass thru the Strait of Hormuz Tehran says a “communication channel” will be established w/ Washington to report & discuss breaches of the interim deal Iran has lodged a protest at the UN over Israel’s latest death threat against its Supreme Leader Mojtaba Khamenei describing it as “state terrorism” Iran has criticised a US-led regional security meeting hosted by Bahrain, after senior military officials from 12 Middle Eastern countries met w/ US Central Command (CENTCOM) to discuss regional defence cooperation and maritime security Foreign Ministry spokesman Esmail Baghaei accused Washington of seeking to conceal the US’s “destabilising policies and lawless behavior in the region” and urged regional states to “remain vigilant & draw clear lessons from the most recent US & Israeli military aggressions” Israel's Defence Forces said it continued operations within southern Lebanon's security zone Lebanese President said we will not give up an inch of Lebanese territory to Israel Lebanon’s health ministry says at least 4,298 people killed & 12,196 wounded by Israeli attacks since March 2 More than 80% of Gaza’s buildings have been destroyed since Oct 2023, leaving an estimated 68M tonnes of rubble — the equivalent of 11 Great Pyramids of Giza. Israeli forces are in control of 80% of the territory. Gaza’s Govet Media Office said that at least 73,066 Palestinians have been killed in the enclave. More than 21,500 of those killed in Gaza were children, including 1,022 babies, it added. A further 9,500 people are missing, many believed to be buried under rubble, while 173,514 have been wounded. 223,000 tonnes of explosives have been dropped by Israel on Gaza during the war – 16 times more than what the US dropped on Hiroshima, Japan, in 1945 with the atomic bomb. Gaza’s entire population is at extreme risk of famine with nearly 400,000 people surviving on one meal a day and 62 percent of primary healthcare medications out of stock. The UN said human development in Gaza has been set back 77 years with life expectancy falling to 40. Israeli Finance Minister Bezalel Smotrich: “We need to complete the conquest of the remaining area, defeat Hamas & establish a belt of Jewish settlements that will serve as a security buffer for Sderot and the Gaza border communities” $USO $UNG $BWET $SHLD $ITA
0 · Reply
Ro_Patel
Ro_Patel Jun. 29 at 3:36 PM
MarineTraffic: 108 verified crossings were recorded b/n 26-28 June, covering container, tanker, LNG-linked, bulk & service vessel movements. Activity was strongest on 26 June, before easing over the following 2 days (29 crossing on the 27 June & 15 crossing on 28 June) Routing remained divided. 39 crossings used the Omani Route, 37 followed the Iranian Route, 23 were classified as Dark or Unknown, & 9 used the IMO Route. The split suggests operators are still assessing risk cautiously rather than returning to pre-crisis traffic patterns On 26 & 27 June, the US CENTCOM forces conducted strikes against multiple targets in Iran, in response to attacks on 2 vessels near the Strait of Hormuz US & Iran have agreed to a temporary freeze on kinetic hostilities in the Persian Gulf $USO $BWET $LNG $VG $XLE
1 · Reply
BIgBill374
BIgBill374 Jun. 27 at 11:36 PM
$BWET at this rate this thing is going to be 10 dollars on Monday
1 · Reply
AIWealthCircle
AIWealthCircle Jun. 27 at 4:08 PM
Here are the BEST performing ETFs over the past week. ✅ Roundhill Memory ETF $DRAM +14.21% ✅ AdvisorShares Psychedelics ETF $PSIL +12.43% ✅ ADRH Novo Nordisk (B Shares) $NVOH +10.95% ✅ Breakwave Tanker Shipping ET $BWET +9.94% ✅ ALPS Medical Breakthroughs ETF $SBIO +9.69% Small caps + thematic baskets are still seeing strong rotation underneath the surface. Not everything is driven by the mega caps right now. Breadth matters. Next alert coming soon. If you’re not following with notifications on, you’re likely seeing the move after it already happened.
0 · Reply
SwingTraderPro1
SwingTraderPro1 Jun. 27 at 2:25 PM
Weekly ETF leaderboard showing strong thematic rotation across memory, biotech, shipping, and healthcare innovation flows. $DRAM - +14.21% memory cycle strength as AI-driven DRAM demand accelerates $PSIL - +12.43% high-volatility biotech/psychedelic beta catching speculative rotation $NVOH - +10.95% Novo Nordisk exposure continuing healthcare momentum trend $BWET - +9.94% tanker shipping ETF benefiting from freight rate strength and energy logistics flow $SBIO - +9.69% biotech breakthrough basket seeing renewed risk appetite This is classic factor rotation-capital moving fast into niche thematic ETFs where momentum + narrative are both aligned.
0 · Reply
Ro_Patel
Ro_Patel Jun. 26 at 8:50 PM
US military aircraft struck Iranian missile ​& ​drone storage locations & ‌coastal ⁠radar sites after Tehran's attack ​on ​a ⁠commercial ship in ​the Strait ​of ⁠Hormuz $SPY $SHLD $BWET $USO $UNG
2 · Reply
chromeal5
chromeal5 Jun. 26 at 8:36 PM
$BWET Glad I got off this ship...
1 · Reply
Tallyhohoho
Tallyhohoho Jun. 26 at 7:39 PM
$BWET puts paying off. Plenty of downside left here.
1 · Reply
Blakroboc
Blakroboc Jun. 26 at 1:43 PM
$BWET NEEEED THE OPPOSITE OF THIS STOCK WHEN THIS GOES DOWN, which one goes up
0 · Reply
Ro_Patel
Ro_Patel Jul. 2 at 4:49 PM
kpler: June 29: 42 ship crossing thru the Strait - June 30: 34 Windward: July 1: 43 ship crossing (24 inbound & 19 outbound) - 68% of tankers going to China A sanctioned crude tanker moved outbound on 1 July with an est'd 1.99M barrels of crude bound for China, while a separately sanctioned tanker with a documented dark-activity history transited inbound — part of a wider inbound flow dominated by Iran-linked and Iranian-owned shipping. A same-day image sweep recorded a cluster of unidentified dark contacts off the eastern shoal and an unresolved grounding of a foreign-flagged vessel near Larak Island after it deviated from Iran's designated transit route 861 cargo & tanker vessels are present in the Persian Gulf on June 28 Iran holding firm on toll collection - US has offered Iran access to frozen funds in exchange for dropping its demand to charge ships transiting the Strait of Hormuz, but Tehran has refused Iran continues to insist on controlling traffic & collecting transit fees, while Oman is proposing a voluntary maritime fund as negotiations over the key shipping route continue $USO $UNG $XLE $BWET $UGA
1 · Reply
Ro_Patel
Ro_Patel Jul. 2 at 3:57 PM
Iran’s military HQ warns any US interference in the Strait of Hormuz will be met with a “decisive & swift response” US & Oman are looking for ways to break Iran's insistence on charging tolls for ships to pass thru the Strait of Hormuz Tehran says a “communication channel” will be established w/ Washington to report & discuss breaches of the interim deal Iran has lodged a protest at the UN over Israel’s latest death threat against its Supreme Leader Mojtaba Khamenei describing it as “state terrorism” Iran has criticised a US-led regional security meeting hosted by Bahrain, after senior military officials from 12 Middle Eastern countries met w/ US Central Command (CENTCOM) to discuss regional defence cooperation and maritime security Foreign Ministry spokesman Esmail Baghaei accused Washington of seeking to conceal the US’s “destabilising policies and lawless behavior in the region” and urged regional states to “remain vigilant & draw clear lessons from the most recent US & Israeli military aggressions” Israel's Defence Forces said it continued operations within southern Lebanon's security zone Lebanese President said we will not give up an inch of Lebanese territory to Israel Lebanon’s health ministry says at least 4,298 people killed & 12,196 wounded by Israeli attacks since March 2 More than 80% of Gaza’s buildings have been destroyed since Oct 2023, leaving an estimated 68M tonnes of rubble — the equivalent of 11 Great Pyramids of Giza. Israeli forces are in control of 80% of the territory. Gaza’s Govet Media Office said that at least 73,066 Palestinians have been killed in the enclave. More than 21,500 of those killed in Gaza were children, including 1,022 babies, it added. A further 9,500 people are missing, many believed to be buried under rubble, while 173,514 have been wounded. 223,000 tonnes of explosives have been dropped by Israel on Gaza during the war – 16 times more than what the US dropped on Hiroshima, Japan, in 1945 with the atomic bomb. Gaza’s entire population is at extreme risk of famine with nearly 400,000 people surviving on one meal a day and 62 percent of primary healthcare medications out of stock. The UN said human development in Gaza has been set back 77 years with life expectancy falling to 40. Israeli Finance Minister Bezalel Smotrich: “We need to complete the conquest of the remaining area, defeat Hamas & establish a belt of Jewish settlements that will serve as a security buffer for Sderot and the Gaza border communities” $USO $UNG $BWET $SHLD $ITA
0 · Reply
Ro_Patel
Ro_Patel Jun. 29 at 3:36 PM
MarineTraffic: 108 verified crossings were recorded b/n 26-28 June, covering container, tanker, LNG-linked, bulk & service vessel movements. Activity was strongest on 26 June, before easing over the following 2 days (29 crossing on the 27 June & 15 crossing on 28 June) Routing remained divided. 39 crossings used the Omani Route, 37 followed the Iranian Route, 23 were classified as Dark or Unknown, & 9 used the IMO Route. The split suggests operators are still assessing risk cautiously rather than returning to pre-crisis traffic patterns On 26 & 27 June, the US CENTCOM forces conducted strikes against multiple targets in Iran, in response to attacks on 2 vessels near the Strait of Hormuz US & Iran have agreed to a temporary freeze on kinetic hostilities in the Persian Gulf $USO $BWET $LNG $VG $XLE
1 · Reply
BIgBill374
BIgBill374 Jun. 27 at 11:36 PM
$BWET at this rate this thing is going to be 10 dollars on Monday
1 · Reply
AIWealthCircle
AIWealthCircle Jun. 27 at 4:08 PM
Here are the BEST performing ETFs over the past week. ✅ Roundhill Memory ETF $DRAM +14.21% ✅ AdvisorShares Psychedelics ETF $PSIL +12.43% ✅ ADRH Novo Nordisk (B Shares) $NVOH +10.95% ✅ Breakwave Tanker Shipping ET $BWET +9.94% ✅ ALPS Medical Breakthroughs ETF $SBIO +9.69% Small caps + thematic baskets are still seeing strong rotation underneath the surface. Not everything is driven by the mega caps right now. Breadth matters. Next alert coming soon. If you’re not following with notifications on, you’re likely seeing the move after it already happened.
0 · Reply
SwingTraderPro1
SwingTraderPro1 Jun. 27 at 2:25 PM
Weekly ETF leaderboard showing strong thematic rotation across memory, biotech, shipping, and healthcare innovation flows. $DRAM - +14.21% memory cycle strength as AI-driven DRAM demand accelerates $PSIL - +12.43% high-volatility biotech/psychedelic beta catching speculative rotation $NVOH - +10.95% Novo Nordisk exposure continuing healthcare momentum trend $BWET - +9.94% tanker shipping ETF benefiting from freight rate strength and energy logistics flow $SBIO - +9.69% biotech breakthrough basket seeing renewed risk appetite This is classic factor rotation-capital moving fast into niche thematic ETFs where momentum + narrative are both aligned.
0 · Reply
Ro_Patel
Ro_Patel Jun. 26 at 8:50 PM
US military aircraft struck Iranian missile ​& ​drone storage locations & ‌coastal ⁠radar sites after Tehran's attack ​on ​a ⁠commercial ship in ​the Strait ​of ⁠Hormuz $SPY $SHLD $BWET $USO $UNG
2 · Reply
chromeal5
chromeal5 Jun. 26 at 8:36 PM
$BWET Glad I got off this ship...
1 · Reply
Tallyhohoho
Tallyhohoho Jun. 26 at 7:39 PM
$BWET puts paying off. Plenty of downside left here.
1 · Reply
Blakroboc
Blakroboc Jun. 26 at 1:43 PM
$BWET NEEEED THE OPPOSITE OF THIS STOCK WHEN THIS GOES DOWN, which one goes up
0 · Reply
Ro_Patel
Ro_Patel Jun. 26 at 2:16 AM
0 · Reply
Ro_Patel
Ro_Patel Jun. 25 at 5:13 PM
Strait of Hormuz traffic has doubled overnight to 70 vessels on June 24 - 43 sailing west-to-east & 27 east-to-west $USO $XLE $DBC $DBA $BWET
2 · Reply
Ro_Patel
Ro_Patel Jun. 24 at 5:31 PM
Energy tearsheet: US EIA Crude Oil Stocks (Jun/19) -6.088M vs estof -4.89M (prev -8.262M) US EIA Gasoline Stocks (Jun/19) 2.064M vest of -1.9M (prev -0.906M) US EIA Distillate Stocks (Jun/19) 3.064M vs est of -0.3M (prev 0.951M) US EIA Cushing Crude Oil Stocks (Jun/19) -1.077M (prev -1.606M) All stocks well below their 5-yr avg & below their 5-yr range SPR levels below Biden Admin - lowest level since 1983 60 days Iran negoiation deadline: Aug 21 & when the license expires 128 days to the US mid-term elections $USO $XLE $XOP $BWET $UGA
1 · Reply
Twinity
Twinity Jun. 24 at 12:48 PM
$USO $XLE $BWET $LNG $XOM Ok.. so how that drama is going to affect $LNG or other US exporting co not tight to the Persian Gulf... With almost 100% of exports contracted on 20 yrs or better?
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DrVonSpreckle
DrVonSpreckle Jun. 24 at 12:32 PM
$BWET 🐂📣📣🐮
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MYA_Markets
MYA_Markets Jun. 24 at 1:09 AM
0 · Reply
Thelightisgreen
Thelightisgreen Jun. 23 at 9:58 PM
$BWET $LNG $USO $XLE $XOM so why the fuck are we going down ?
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Investor_Scale
Investor_Scale Jun. 23 at 9:16 PM
$BWET $PSHG $STNG $TNK SEC = a joke
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LuckyGuy13
LuckyGuy13 Jun. 23 at 7:33 PM
$PSHG $BWET $STNG $TNK Fraudulent company on Nasdaq. Will SEC do something about PSHG? Fake lawsuits in between Greek shipping industry families. Court cases that do not proceed at all. Very disappointing for shareholders prices of rental deals of tankers. Signing long-term contracts to the detriment of the company.
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Ro_Patel
Ro_Patel Jun. 23 at 6:32 PM
Crude tanker round trips from the Strait of Hormuz typically take 38 to 45 days for Asian destinations & 60 to 70 days for European voyages via the Cape of Good Hope. A massive fleet of 250 tankers & 440 cargo ships (690 vessels total) remains stranded inside the Gulf. Over 80% of these tankers are anchored stationary, w/ only 10 ships moving west so far. Many of the tankers that have transited the strait in recent days have been linked w/ Iran following the lifting of the US naval blockade More than 250 tankers & 440 cargo ships are still inside the Gulf - more than 80% of the tankers are stationary or at anchor This gradual pace actually helps prevent sudden congestion at both the Strait & Asian ports but re-entry congestion into the Gulf for returning tankers will be an issue in teh short-term US Treasury has also eased decades-old sanctions by issuing a license to allow the sale of Iranian crude oil, petrochemicals and other oil products until 21 August. PGSA: "No vessel is permitted to pass through the Strait of Hormuz without a valid passage permit issued by the PGSA" Joint Maritime Information Center (JMIC), a multinational maritime group which includes the US, has warned ships to avoid this central part of the strait "due to the existence of mines" & "active mine clearance operations are ongoing" $USO $XLE $BWET $LNG $XOM
1 · Reply
Ro_Patel
Ro_Patel Jun. 23 at 2:57 PM
President Trump says there will be no further US naval blockade of the Strait of Hormuz, insists Iran has agreed to allow nuclear inspections despite statements from Iranian officials that it ⁠has not done so Oman & Iran have said that all arrangements related to the Strait of Hormuz must fully respect their sovereign rights Vessel crossing: 3 on June 21, 16 on June 22, & 14 on June 23 Israeli troops open fire in the Lebanese town of Nabatieh al-Fawqa – killing 2 people & wounding others Lebanese Health Ministry says the number of people killed during Israel’s months-long invasion has risen to 4,192 (+17 new deaths over the past 24 hours) & at least 12,171 wounded The 5th round of talks b/n Lebanon & Israel has started at the State Dept in Washington, DC Israeli PM Netanyahu said that troops have “full freedom of action” to thwart any Hezbollah direct or emerging threat against invading soldiers or Israeli citizens in the north. He added Israeli forces will remain occupying southern Lebanon for “as long as is necessary” Iran’s ambassador to the UN: “Lebanon is an unquestionable part of the agreement, and whatever happens in Lebanon affects the whole process, and it ⁠is the United States which should use all its leverage against Israel to make it to stop attacks against Lebanon' Far-right Israeli National Security Minister Itamar Ben-Gvir says Israel is capable of defying President Trump if it needs to as he insists the ceasefire in Lebanon is unacceptable. On Lebanon, he said there should be “no ceasefire” – “under no circumstances” $XLE $BWET $SHLD $LNG $XOM
1 · Reply
___dog___
___dog___ Jun. 22 at 9:55 AM
$SPY $DIA $QQQ $USO $BWET yeah it else there would be bombed
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