Tankers: VLCC Market Lost Momentum Last Week

Clean LR2 LR’s in the MEG continued to trundle along stable this week. The 75Kt MEG/Japan TC1 index floated around the WS150 mark. The 90kt MEG/UK-Continent of TC20 is also coasted along at the $4.4m – $4.6m position all week. West of Suez, Mediterranean/ LR2’s on TC15 maintained their recumbency at $4.2m for the second …

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