VLCC Tanker Market Takes Another Step Higher

VLCC Tanker Market Takes Another Step Higher
Clean LR2 MEG LR2 freight continued it modest firming this week. The TC1 75kt MEG/Japan index added another 5 points of value to WS150 taking the corresponding TCE to a fraction over $36,000 /day Baltic description round trip. A voyage west on TC20 90kt...
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Dry Bulk Shipping: Capesizes End Week on Positive Note

Dry Bulk Shipping: Capesizes End Week on Positive Note
Capesize The week delivered a broadly positive performance for the Capesize market, with early strength in both basins before momentum tapered into a quieter finish. The BCI 5TC climbed steadily from the high $27,000s to just over $30,000, reinforcing a firming tone...
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