Tanker Weekly – January 30, 2011

January 30th, 2011 by Belisarius

(For The Week Ending January 28, 2011)

Baltic Dirty Tanker Index fell 0.9%; Baltic Clean Tanker Index rose 1.7%.

My comment remains the same: too many available ships for the cargoes offered. We could see some positive freight rate developments if Egypt unrests affect Suez canal normal operation.

 

Chart 1. Baltic Tanker Indexes Relative Performance

Chart 2. Baltic Tanker Indexes

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