The tanker spot market did not start 2022 on the right foot.
The Baltic Dirty Tanker Index slipped 64 points on Tuesday, the first day since trading closed on 24 December, sliding from 786 to 722.
For crude tankers, Howe Robinson said there was a dearth of cargoes for both VLCCs and suezmaxes.
"A slow ease into the new year with a few cargoes working in the [Middle East Gulf].