Tanker rates fluctuate; LR2 and Suezmax improved on strong demand, while VLCC and Aframax faced significant rate declines due to holiday disruptions and subdued activity across regions, reports Baltic Exchange.
LR2LR’s in the MEG saw a welcome uptick in activity and freight levels this week. Although rates have not climbed aggressively, sentiments have remained strong. TC1 75kt MEG/Japan hopped up 18.33 points to WS119.44 and for a run on TC20 90kt MEG/UK-Continent the index improved $268,125 to...
https://mfame.guru/tanker-market-weekly-mixed-movements-across-sectors/