Baltic dry index fell 3.5% in the last week. Capesize Index outperformed and ended in positive territory while Panamax, Supramax and Handysize Index all underperformed and ended in negative territory. The increasing number of longer term time charters negotiated in recent weeks could be a sign what the vessel owners expect from the rates. As […]

Read More

Baltic Dirty Tanker Index fell 9.5% last week while Baltic Clean Tanker Index decreased 2.5%. Not much happening here, weak demand is a constraint that catches up with the markets every time the rates increase a bit. Chart 1. Baltic Tanker Indexes Relative Performance Chart 2. Baltic Tanker Indexes

Read More