LR2
LR2 freight levels resurged with gusto this week. The rate for 75kt MEG/Japan drove up 121 points to WS277.78. The 90kt MEG/UK-Continent TC20 trip similarly climbed aggressively to the tune of $1.98 million and is currently pegged at $6.61 million.
West of Suez, Mediterranean/East LR2 freight dropped again this week losing ultimately $266,000 to $4.22 million it looks to have bottomed out mid-week at $4.1 million.
LR1In the MEG, LR’1 freight also turned sharply upwards this week. The 55kt...
https://mfame.guru/tanker-report-resurging-rates-and-market-movements/