Tankers: VLCC Market Lower This Week

Clean In the Middle East Gulf this week most LR runs have seen more declines from inactivity. TC1 lost 15.62 points to WS169.38. Similarly, on the LR1s, TC5 ended up at WS171.43 (-19.28) with a trip west and TC8 declined from around $3.4m to $3.25m. There are reports of multiple TC5 fixtures at WS170 on …

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