Baltic Tanker Indexes Collapse During Hollidays

Baltic Dirty Tanker Index fell 21.4%; Baltic Clean Tanker Index fell 17.4% during the holidays.

Large oversupply of ships in the Gulf. Somewhat strange that cost of shipping fell so much during crude oil price rally.

Chart 1. Baltic Tanker Indexes


This entry was posted on Wednesday, January 5th, 2011 at 1:28 pm and is filed under Shipping. 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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