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Week 15: Crude Tanker Industry Update

Sue Goodridge
Week 15: Crude Tanker Industry Update

When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 15 of 2018, which ended on April 13, the BDTI fell from 643 to 640. In week 14, the index dropped by 18 points. The index shows the direction that crude tanker rates are heading. The index has fallen ~9% since the beginning of the year.