Tankers: VLCC Market Stabilized Last Week

Capt. John

Clean LR2 MEG LR2’s continued climbing this week. The TC1 rate for 75,000 mt MEG/Japan rose another 16 points to WS247 and the 90,000 mt MEG/UK-Continent TC20 voyage was over $583,000 higher at $7,150,000. West of Suez, Mediterranean/East LR2’s rebounded this week. The TC15 index ascended about...


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