Tanker Weekly – January 7, 2013
(For The Week Ending January 4, 2013)
The fleet is growing slower in tankers than in dry bulk and the order-book is smaller in proportion to the fleet size. The difference is that the volumes are more stable in wet cargo, so overall maybe a bit better situation than in dry bulk, but the diagnose is the same: a lot of scrapping needed to induce some recovery.
Baltic Dirty Tanker Index fell 11.1%; Baltic Clean Tanker Index fell 4.6%.