VLCCs Down Last Week in International Shipping News 29/06/2026 Clean LR2 The TC1 75kt MEG/Japan index climbed 18.88 points this week to WS509.44. A voyage west also freighted up this week with the TC20 90kt MEG/UK-Continent index going from $9.38 million to $9.93 million. The TC15 80kt Mediterranean/East index dropped a modest $37,000 to $4.32 million mark this week, with the corresponding TCE at just over $20,300/day on Baltic description round trip. LR1 The TC5 55kt MEG/Japan index also rose this week adding 18.75 points to WS528.13. A run west on TC8 65kt MEG/UK-Continent saw the index drop $21,385 to $8.26 million. MR The TC17 35kt MEG/East Africa index rose from WS542.14 to WS554.22 mid-week, to then return back down to WS540 at time of writing. On the UK-Continent, MR freight came down again this week. The TC2 37kt ARA/US-Atlantic Coast dropped 11.25 points and is currently pegged at WS125.31, with the Baltic TCE for the round trip now at $4,355/day. In the US Gulf, MR freight levels continued downward this week. The TC14 38kt US Gulf/UK-Continent index lost 12.86 points to WS137.14. The Baltic round trip TCE for the run is now at $7,673/day. The Caribbean voyage on TC21, 38kt US-Gulf/Caribbean dropped off by $32,143 this week to $553,571 with the corresponding TCE dropping to its current $10,700/day on Baltic description. The MR Atlantic Triangulation Basket TCE went from $20,244/day to $16,836/day. Handymax In the Mediterranean, Handymax rates looked to have reached a floor this week with the TC6, 30kt Cross-Mediterranean index flat at WS170, translating to $14,378/day on Baltic TCE round trip. The TC23 30kt Cross UK-Continent lost 16.94 points and is currently marked at WS187.5 giving $15,229/day on Baltic TCE round trip. VLCC The panellist assessment for the TD3C route (270,000mt Middle East Gulf to China) dropped dramatically this week with the index down 33% to WS318.89, which corresponds to a daily round-trip TCE at close to $313,000 for the standard Ba