Tanker Weekly – June 14, 2010

Baltic Dirty Tanker Index rose 1.0%; Baltic Clean Tanker Index rose 1.6%.

U.S. gulf / Europe arbitrage showing some signs of life; but overall the demand for wet transport is weak.

Chart 1. Baltic Tanker Indexes Relative Performance

Source: Bloomberg

Chart 2. Baltic Tanker Indexes

Source: Bloomberg

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