Clean In the Middle East Gulf, LR freight has weakened this week. However, the smaller sizes have strengthened from improved demand. The LR2 TC1 75k Middle East Gulf / Japan route came down to WS167.86 (-9.64), a round trip TCE of $18,879 /day. The LR1s have been able to hold stable, with TC5 55k Middle …
The post Tankers: VLCC Market Still Lackluster first appeared on Hellenic Shipping News Worldwide.