Tankers: VLCC Market Climbing Again in International Shipping News 22/06/2026 Clean LR2 The TC1 75kt MEG/Japan index lost 6 points this week to WS492. A voyage west also freighted down this week with the TC20 90kt MEG/UK-Continent index going from $10.1 million to $9.31 million. The TC15 80kt Mediterranean/East index appears to have bottomed out around the $4.3 million mark this week, with the corresponding TCE at just over $22,000 /day on Baltic description round trip. LR1 The TC5 55kt MEG/Japan index also came off another 8.12 points this week to WS511. A run west on TC8 65kt MEG/UK-Continent saw the index drop $357,000 to $8.28 million. MR The TC17 35kt MEG/East Africa index dropped a 187 point chunk this week and currently sits at WS542. On the UK-Continent, MR freight ticked down gently this week. The TC2 37kt ARA/US-Atlantic Coast dropped 6 points and currently sits at WS136, with the Baltic TCE for the round trip now at $6,000/day. In the US Gulf, MR freight levels crashed this week. The TC14 38kt US Gulf/UK-Continent index lost 19 points to WS152. The Baltic round trip TCE for the run is now at $10,300 /day. The Caribbean voyage on TC21, 38kt US-Gulf/Caribbean dropped off by 37% this week to $603,000 with the corresponding TCE dropping to its current $13,500 /day on Baltic description. The MR Atlantic Triangulation Basket TCE went from $33,900/day to $20,300/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 panellist assessment for the TD3C route (270,000 mt Middle East Gulf to China) climbed this week with the index now up to WS450.56, which corresponds to a daily round-trip TCE at close to $461,000 for the standard Baltic VLCC. TD34 (Gulf of Oman/China) was assessed on Thursda