Tanker Weekly – December 19, 2010

December 19th, 2010 by Belisarius

(For The Week Ending December 17, 2010)

Baltic Dirty Tanker Index rose 2.4%; Baltic Clean Tanker Index fell 2.7%.

Seasonal effects (cold weather in northern hemisphere; possibility of ice forming in the Baltic Sea) in addition to bullishness in the oil markets are keeping rates at decent levels.

Chart 1. Baltic Tanker Indexes Relative Performance

Chart 2. Baltic Tanker Indexes


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