VLCC Tanker Market Stabilizing in International Shipping News 15/06/2026 Clean LR2 The TC1 75kt MEG/Japan index dropped 11 points this week to WS501 this week. A voyage west ticked up this week with the TC20 90kt MEG/UK-Continent index going from $9.91 million to $10.11 million. The TC15 80kt Mediterranean/East index continued its downward track to $4.31 million this week (-$124,000) with the corresponding TCE at just over $18,200/day on Baltic description round trip. LR1 The TC5 55kt MEG/Japan index also dropped off 17.5 points this week to WS524. A run west on TC8 65kt MEG/UK-Continent saw the index climb up $307,000 to $8.57 million. MR The TC17 35kt MEG/East Africa index remained at its WS730 level for another week. On the UK-Continent, MR freight bobbed up and down this week. The TC2 37kt ARA/US-Atlantic Coast hovered and ultimately climbed 9 points and currently sits at WS143, with the Baltic TCE for the round trip now at $4,900/day. In the US Gulf, MR freight levels spiked and then fell again this week. The TC14 38kt US Gulf/UK-Continent peaked at WS315 to then return back down to WS250 at time of writing. The Baltic round trip TCE for the run is now at $28,100/day after reaching $40,000/day mid-week. The Caribbean voyage on TC21, 38kt US-Gulf/Caribbean dropped off by $203,000 this week to $1.04 million with the corresponding TCE dropping to its current mark of $37,700/day on Baltic description. The MR Atlantic Triangulation Basket TCE went from $41,000/day to $36,400/day. Handymax In the Mediterranean, Handymax rates looked to have reached a floor with the TC6, 30kt Cross-Mediterranean index currently pegged at WS189, translating to $17,100/day on Baltic TCE round trip. The TC23 30kt Cross UK-Continent held flat in the WS220’s this week still giving $22,200/day on Baltic TCE round trip. VLCC The Baltic panellists now assess the rate for the TD3C route (270,000mt Middle East Gulf to China) around the same levels as a week ago, at WS401.94, which corresponds t