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
