Tanker Weekly – January 23, 2011

January 23rd, 2011 by Belisarius

(For The Week Ending January 21, 2011)

Baltic Dirty Tanker Index fell 7.6%; Baltic Clean Tanker Index rose 0.2%.

My comment remains the same: too many available ships for the cargoes offered. From the crude oil demand side it also feels the bullishness from the end of the last year has abated.

Chart 1. Baltic Tanker Indexes Relative Performance

Chart 2. Baltic Tanker Indexes


 

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