Tanker Weekly – May 3, 2010

May 3rd, 2010 by Belisarius

Baltic Dirty Tanker Index rose 2.1%; Baltic Clean Tanker Index increased 2.5%.

The oversupply of shipping capacity  is evident (especially in the product segment), despite increased crude oil volume transported.

Chart 1. Baltic Tanker Indexes Relative Performance

Source: Bloomberg

Chart 2. Baltic Tanker Indexes

Source: Bloomberg


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