VLCC Tanker Rates Retreated Last Week
Clean LR2 The TC1 75kt MEG/Japan index climbed by 47 points this week to WS986, with the corresponding Baltic round-trip TCE gaining $14,800 to $285,400/day. For the TC20 90kt MEG/UK-Continent run, the index rose by $2.73 million to $21.24 million, corresponding to $332,000/day on Baltic round trip. The TC15 80kt Mediterranean/East index added $2.40 million ...
VLCC tanker rates retreated last week, with the TC1 75kt MEG/Japan index climbing by 47 points to WS986, while the corresponding Baltic round-trip TCE improved by $14,800 to $285,400/day. The TC2 37kt ARA/US Atlantic Coast index shed 3 points to WS198, and the corresponding Baltic round-trip TCE fell by $1,200 to $11,500/day. The VLCC rates on the Baltic Exchange routes fell back this week, with the TD3C route dropping 37.5 points to WS1,281 and the TD34 route falling 64 points to WS776.43.
Brief written by urgent.news from Hellenic Shipping News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
