Clean
LR2LR’s in the MEG have undoubtedly been busy this week. Freight levels have as a result risen consistently throughout the week. TC1 added 8.89 points leaving the index currently at WS149.72 with the Baltic TCE for the run firmly back up over the $30,000/day. For a trip west on a TC20 we have seen the index rise $175,000 to over the $4,000,000 level with reports of $4,100,000 currently on subjects in the market.
West of Suez, Mediterranean/East LR2’s on...