Tankers: VLCCs Rebound Strongly

Clean Middle East Gulf LR CPP freight climbed early on and then began to fall after plateauing this week. TC1 peaked at WS293.13 after a widely reported fixture was done at WS295 and the index then dropped back down to the WS287.5 level. Similarly, a run west on an LR2, TC20 capped out at the …

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