VLCC Market Steady Last Week

Clean LR2 LR2’s in the MEG came back under downward pressure this week, with several reports of demand easing up. TC1 dropped 13.05 points to WS120.28 mark (A Baltic TCE of around $22,000 / day). Meanwhile, a run to the UK-Continent on TC20 shed around $231,000 of its value to the $3.96m level, with the …

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