BIMCO Analysis: Longer Routes & Higher Rates As EU Bans Russian Oil

BIMCO’s Chief Shipping Analyst, Niels Rasmussen, gives his insight into the market in September 2022.

Highlights
  • So far this year, The Baltic Exchange Dirty Tanker Index (BDTI) has on average been 86% higher than during 2021 and The Baltic Exchange Clean Tanker Index (BCTI) has on average been 113% higher.
  • The IMF has lowered its global economic growth forecast to 3.2% for 2022 and 2.9% for 2023, and highlights that the risk of a global recession has increased.
  • Year-to-date dirty tanker tonne...

https://mfame.guru/bimco-analysis-longer-routes-higher-rates-as-eu-bans-russian-oil/

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