Scorpio Tankers resumes Persian Gulf transit; LR2 to deliver jet fuel to Europe for $10 million

Scorpio Tankers, the world’s largest LR2 shipping company by fleet size, has commenced transiting through the Strait of Hormuz, with one of its LR2s chartered by Admic for $10 million to deliver jet fuel in Europe, three sources with tanker brokerages and charterers said June 25. This marked the first direct clean tanker spot fixture …

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VLCCs Down Last Week

Clean LR2 The TC1 75kt MEG/Japan index climbed 18.88 points this week to WS509.44. A voyage west also freighted up this week with the TC20 90kt MEG/UK-Continent index going from $9.38 million to $9.93 million. The TC15 80kt Mediterranean/East index dropped a modest $37,000 to $4.32 million mark this week, with the corresponding TCE at …

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