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


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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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