Baltic Exchange News

Baltic Exchange has launched a new suite of indices covering four key short-range tanker routes in northwest Europe in order to create the definitive benchmark for the region’s tanker sector and bring greater transparency to the short-range tanker market.The new indices, known as the Baltic Intermediate Tanker Indices (BITI), mark the latest development of the Baltic’s global tanker benchmarks, and reflect the Baltic’s commitment to responding to market needs and strengthening its role as the global benchmark provider for freight indices.The BITI consists of four routes – TC25…