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Week 16: Crude Tanker Industry Update

Sue Goodridge
Week 16: Crude Tanker Industry Update

When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 16, which ended on April 20, the BDTI fell from 640 to 637. In week 15, the index fell by 3 points. The index shows the direction that crude tanker rates are heading. The index has fallen ~9% since the beginning of 2018.