Fri, 09 Feb 2024 22:00:58 +0000
In the second week of February, the sentiment surrounding crude oil freight rates remained unstable. VLCC MEG-China rates showed signs of gathering strength, indicating a firmer momentum. Conversely, in the clean segment, LR2 MEG-Japan rates displayed initial indications of a downward correction. Nevertheless, LR2 (75kdwt) TCE earnings for the Middle East Gulf to Japan continued …
Full article: https://www.hellenicshippingnews.com/tankers-a-significant-spike-in-tonne-days-growth-and-tce-from-the-lows-at-the-start-of-january/