Tankers: VLCC Market Ends Week with Significant Retreat

Clean LR2 MEG LR2’s plateaued and began to fall back down this week. TC1 75kt MEG/Japan was assessed 31.39 points less to WS140 and heading West on TC20 90kt MEG/UK-Continent went from $4.36m to $3.94m. West of Suez, Mediterranean/East LR2’s of TC15 managed to tick up $100,000 to $3.27m. LR1 The TC5 55kt MEG/Japan also …

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