VLCC Tanker Market Stabilizing

Clean LR2 The TC1 75kt MEG/Japan index dropped 11 points this week to WS501 this week. A voyage west ticked up this week with the TC20 90kt MEG/UK-Continent index going from $9.91 million to $10.11 million. The TC15 80kt Mediterranean/East index continued its downward track to $4.31 million this week (-$124,000) with the corresponding TCE …

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