Tanker Weekly – October 17, 2010

(For The Week Ending October 15, 2010)

Baltic Dirty Tanker Index fell 4.0%; Baltic Clean Tanker Index was unchanged.

Even though the strike in France keeps vessels employed (at anchor) – the market is still oversupplied. Rates are bellow operating costs.

Chart 1. Baltic Tanker Indexes Relative Performance

Chart 2. Baltic Tanker Indexes

This entry was posted on Sunday, October 17th, 2010 at 3:34 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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