Tanker Update – March 6, 2013
Same as with dry bulk, we are long time away from recovery, but I tend to think that overcapacity is smaller in wet cargo.
Baltic Dirty Tanker Index rose 3.4%; Baltic Clean Tanker Index rose 1.2%.
Archive for the ‘Tanker Weekly’ Category
Tanker Weekly – January 7, 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%.
Tanker Weekly – May 21, 2012
Baltic Dirty Tanker Index rose 0.7%; Baltic Clean Tanker Index rose 0.3%.
Tanker Weekly – May 7, 2012
Baltic Dirty Tanker Index fell 2.1%; Baltic Clean Tanker Index fell 0.6%.
Tanker Weekly – April 21, 2012
Baltic Dirty Tanker Index fell 5.4%; Baltic Clean Tanker Index fell 0.6%.
Same as with dry bulk…nothing changed.
Tanker Weekly – March 12, 2012
Baltic Dirty Tanker Index rose 3.5%; Baltic Clean Tanker Index fell 3.1%.
Tanker Weekly – January 23, 2012
Baltic Dirty Tanker Index rose 7.3%; Baltic Clean Tanker Index was unchanged for the week.
Tanker Weekly – January 16, 2012
Baltic Dirty Tanker Index rose 3.0%; Baltic Clean Tanker Index rose 12.1%.
Tanker Weekly – December 19, 2011
Baltic Dirty Tanker Index rose 3.0%; Baltic Clean Tanker Index rose 12.1%.
Tanker Weekly – December 12, 2011
Baltic Dirty Tanker Index rose 8.1%; Baltic Clean Tanker Index rose 2.1%.
Order-book is shrinking fast with high delivery count and abundant cancellations looming. We are probably looking at couple catastrophic years for the industry ahead.
Tanker Weekly – December 5, 2011
Baltic Dirty Tanker Index fell 0.8%; Baltic Clean Tanker Index rose 3.0%.
Tanker Weekly – November 28, 2011
Baltic Dirty Tanker Index fell 0.6%; Baltic Clean Tanker Index rose 3.4%.
Tanker Weekly – November 21, 2011
Baltic Dirty Tanker Index rose 1.4%; Baltic Clean Tanker Index fell -2.4%.
Tanker Weekly – November 14, 2011
Baltic Dirty Tanker Index rose 1.3%; Baltic Clean Tanker Index fell -1.7%.
Tanker Weekly – November 7, 2011
Baltic Dirty Tanker Index fell 1.9%; Baltic Clean Tanker Index fell -2.7%.