Tankers: VLCC Tanker Market Starting to Bounce Back

Clean LR2 LR2 freight in the MEG this week ticked down modestly. The TC1 75kt MEG/Japan index dropped 8.61 points to WS110.83. A TC20 90kt MEG/UK-Continent trip also went from $3.57 million to $3.41 million. West of Suez, Mediterranean/East LR2’s held relatively flat this week, ticking down $20,000 to $2.89 million for a TC15 Baltic …

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