Tanker Weekly – January 9, 2011

January 9th, 2011 by Belisarius

(For The Week Ending January 7, 2011)

Baltic Dirty Tanker Index fell 25.3% in last two weeks; Baltic Clean Tanker Index fell 18.4% in the same period.

To repeat:  Large oversupply of ships in the Gulf. Somewhat strange that cost of shipping fell so much during crude oil price rally.

Chart 1. Baltic Tanker Indexes Relative Performance

Chart 2. Baltic Tanker Indexes


 

,

This entry was posted on Sunday, January 9th, 2011 at 2:03 pm and is filed under Commodities, Shipping, Tanker Weekly. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Tanker Weekly – January 9, 2011”

  1. Tweets that mention Tanker Weekly – January 9, 2011 | Tainted Alpha -- Topsy.com Says:
    January 9th, 2011 at 3:49 pm

    […] This post was mentioned on Twitter by scrataliano, TaintedAlpha.com. TaintedAlpha.com said: http://www.TaintedAlpha.com: Tanker Weekly – January 9, 2011 http://is.gd/krseE […]

 
Get Adobe Flash player