Archive for May 9th, 2010

Dry Bulk Weekly – May 9, 2010

Baltic dry index rose 7.6% last week, again on the back of 10.5% Capesize Index gain. Panamax, Supramax and Handysize Index also recorded gains, but underperformed the broader index. Strong iron ore demand from China is fueling the gains. If financial turmoil continues, the gains will be hard to hold on. Chart 1. Baltic Dry […]

Tanker Weekly – May 9, 2010

Baltic Dirty Tanker Index fell 0.4%; Baltic Clean Tanker Index fell 1.3%. No mayor freight rate moves despite financial turmoil. Chart 1. Baltic Tanker Indexes Relative Performance Chart 2. Baltic Tanker Indexes

 

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