Tankers: VLCC Market Takes Another Step Higher Last Week

Capt. John

Clean LR2 MEG LR2’s recovered nicely this week. The TC1 rate for 75,000 mt MEG/Japan hopped up 27.2 points to WS230 and the 90,000 mt MEG/UK-Continent TC20 voyage went from $6.02 million to $6.51 million. West of Suez, Mediterranean/East LR2’s weakened for the third week on week. The TC15 index...


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