MR Product Tankers On the Rise, as VLCC Market Posts Slight Retreat

Clean LR2 LR2 freight in the MEG looks to have bottomed out this week. TC1 levelled off at WS145 to then return to WS154.69 after several vessels fixed at WS150. A trip west on TC20 has ticked up $153,572 to $3,832,143. West of Suez, Mediterranean/East LR2’s have been notable quiet this week. The TC15 index …

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