Baltic Under Fire: The Ton-Mile Multiplier

Baltic Under Fire: The Ton-Mile Multiplier
In continuation of our latest analysis on the Strait of Hormuz and Venezuelan reactivation, the Baltic corridor has emerged as the next pressure point. Data shows that Russia’s Baltic export infrastructure was the last reliable western outlet. It is now under...
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Tanker Market: Uncertainty and Rate Softening

Tanker Market: Uncertainty and Rate Softening
(-$14,000). MR The TC17 35kt MEG/East Africa index held flat this week around the WS725-730 level continuing to generate $89,500/day on Baltic description round trip TCE. On the UK-Continent, MR freight levels were challenged downward again this week. The TC2 37kt...
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