Tanker Weekly

Baltic Dirty Tanker Index fell 2.4% last week while Baltic Clean Tanker Index fell 3.8%. Similar as in dry bulk everybody waits for Chinese buyers/charterers to return to markets. With winter season being nearly over we will probably have a seasonal weakness here till at least April when driving demand kicks in.

Chart 1. Baltic Tanker Indexes Relative Performance

Source: Bloomberg

Chart 2. Baltic Tanker Indexes

Source: Bloomberg

,

This entry was posted on Saturday, February 20th, 2010 at 11:06 am and is filed under Commodities, Tanker Weekly. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

 

Get Adobe Flash player