Tanker Weekly – May 31, 2010

Baltic Dirty Tanker Index fell 13.6%; Baltic Clean Tanker Index fell 4.5%.

With trans-Atlantic product arbitrage being dead and world commodity markets rocking, the only possible route for the over-supplied market is down.

Chart 1. Baltic Tanker Indexes Relative Performance

Source: Bloomberg

Chart 2. Baltic Tanker Indexes

Source: Bloomberg


This entry was posted on Monday, May 31st, 2010 at 2:57 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.

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