Tanker Weekly – December 13, 2010
(For The Week Ending December 10, 2010)
Baltic Dirty Tanker Index rose 6.7%; Baltic Clean Tanker Index rose 1.4%.
Oil price action and sentiment spilling over to tanker market. No change in supply/demand fundamentals; abundance of available ships.
Chart 1. Baltic Tanker Indexes Relative Performance
Chart 2. Baltic Tanker Indexes