Tankers: VLCCs Could Start Recovery After Bottoming Out

Clean LR2 MEG LR2 demand has been somewhat subdued this week. Subsequently TC1 has held stable in the WS100-102.5 range. TC20 has also followed suit, pegged all week in the $2,800,000-2,900,000 region. West of Suez, Mediterranean/East LR2’s remained sombre and a charter at $2,300,000 reported fixed mid-week has guided the TC15 index to currently sit …

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