Tanker Weekly – September 5, 2011
Both indexes were unchanged last week.
Global Macro Perspectives
Both indexes were unchanged last week.
Baltic Dirty Tanker Index rose 0.6%; Baltic Clean Tanker Index was unchanged.
High volume of fixing, but supply more than enough to cover the demand.
Baltic Dirty Tanker Index fell 2.2%; Baltic Clean Tanker Index rose 0.3%.
Baltic Dirty Tanker Index fell 1.0%; Baltic Clean Tanker Index fell 1.2%.
Baltic Dirty Tanker Index fell 1.6%; Baltic Clean Tanker Index rose 0.9%.
Baltic Dirty Tanker Index rose 1.9%; Baltic Clean Tanker Index rose 7.6%.
Baltic Dirty Tanker Index fell 4.1%; Baltic Clean Tanker Index fell 6.0%.
Baltic Dirty Tanker Index fell 4.1%; Baltic Clean Tanker Index fell 6.0%.
Holidays in the U.S. and in Europe slowed the demand and brought lower rates.
Baltic Dirty Tanker Index rose 0.5%; Baltic Clean Tanker Index fell 6.9%.
Baltic Dirty Tanker Index fell 4.0%; Baltic Clean Tanker Index fell 2.9%.
Oversupply of vessels is so high that at even increased supply of cargoes rates are sinking.
Baltic Dirty Tanker Index fell 1.2%; Baltic Clean Tanker Index rose 0.6%.
We could see a slight bounce in Q2 as refinery maintenance season ends.
Baltic Dirty Tanker Index fell 4.5%; Baltic Clean Tanker Index rose 1.8%.
Baltic Dirty Tanker Index fell 5.5%; Baltic Clean Tanker Index was down 1.8%.
Back to the same old story…oversupply…
Baltic Dirty Tanker Index fell 2.8%; Baltic Clean Tanker Index rose 0.7%.
Activity increased on Libyan oil substitution, rated steady despite more demand.