Tanker Weekly – May 7, 2012
Baltic Dirty Tanker Index fell 2.1%; Baltic Clean Tanker Index fell 0.6%.
Global Macro Perspectives
Baltic Dirty Tanker Index fell 2.1%; Baltic Clean Tanker Index fell 0.6%.
Baltic dry index rose 0.1% last week; Capesize Index was up 5.1%; Panamax Index fell 12.1%; Supramax Index was up 1.5%; Handysize Index rose 2.2%.
Iron ore inventory at Chinese ports and price mostly flat. Steel stockpiles fell further, but remained at elevated levels while price remained flat. Thermal coal inventory rose a bit, price unchanged.
ECRI Weekly Leading Index for week ending April 27, 2012 was reported unchanged y-o-y. Prior reading was at 0.5%.