Tanker Weekly – January 9, 2011

(For The Week Ending January 7, 2011)

Baltic Dirty Tanker Index fell 25.3% in last two weeks; Baltic Clean Tanker Index fell 18.4% in the same period.

To repeat:  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 Relative Performance

Chart 2. Baltic Tanker Indexes



This entry was posted on Sunday, January 9th, 2011 at 2:03 pm and is filed under Commodities, Shipping, 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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