VLCC Tanker Market on the Rise in International Shipping News 13/07/2026 Clean LR2 The TC1 75kt MEG/Japan index dipped to WS345 this week to then return back to its previous WS360 level. A voyage west dropped in value again this week with the TC20 90kt MEG/UK-Continent index going from $8.15 million to $7.94 million. In Europe the TC15 80kt Mediterranean/East index came off by a modest $70,000 this week to $4.23 million, seeing the corresponding TCE at just over $20,200/day on Baltic description round trip. LR1 The TC5 55kt MEG/Japan index followed the pattern of the LR2s with the index falling to WS336 then back up to WS359 at time of writing. A run west on TC8, 65kt MEG/UK-Continent saw the index drop another $764,000 to $5.46 million. MR The TC17 35kt MEG/East Africa index fell from WS514 to WS417 this week, this took the Baltic TCE for the run to $46,900/day round trip. On the UK-Continent, MR freight saw a gradual improvement again this week. The TC2 37kt ARA/US-Atlantic Coast rose 11.56 points to its current mark of WS142, with the Baltic TCE for the round trip now at $6,500/day. Over the Atlantic, US Gulf MR freight levels tracked up modestly this week with the TC14 38kt US Gulf/UK-Continent index adding 15 points to WS251. The Baltic round trip TCE for the run is now at $29,800/day. The Caribbean voyage on TC21, 38kt US Gulf/Caribbean saw a $64,000 increase to $1.26 million this week with the corresponding TCE rising to its current $52,000/day on Baltic description. The MR Atlantic Triangulation Basket TCE went from $34,200/day to $38,200/day. Handymax In the Mediterranean, Handymax rates remained flat this week with the TC6, 30kt Cross-Mediterranean index resolute at the WS165 level or thereabouts. The TC23 30kt Cross UK-Continent also remained relatively flat and is currently marked at WS177, giving $11,300/day on Baltic TCE round trip. VLCC With the restart of hostilities, rates for VLCCs from the Middle East have climbed. The rate for the TD3C route (270