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VLCC Tanker Market Giving Up Past Gains

Clean LR2 The TC1 75kt MEG/Japan index climbed by 92 points this week to WS1075, with the corresponding Baltic round-trip TCE rising by $28,600 to $313,200/day. For the TC20 90kt MEG/UK-Continent run, the index edged up by $168,800 to $21.51 million, corresponding to $336,400/day on Baltic round trip. The TC15 80kt Mediterranean/East index dropped by ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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