Tankers: VLCC Tanker Softened Last Week in International Shipping News 01/06/2026 Clean LR2 The TC1 75kt MEG/Japan index remained stable this week around the WS525-530 mark. A voyage west also saw the TC20 90kt MEG/UK-Continent index also continued around the $10.25-10.3 million level. The TC15 80kt Mediterranean/East index came down a further 21% this week to $5.95 million with the corresponding TCE dropping to $39,000/day on Baltic description round trip. LR1 The TC5 55kt MEG/Japan index was also ultimately assessed 15 points lower this week to WS555. A run west on TC8 65kt MEG/UK-Continent saw the index $200,000 lighter at the end of week at $8.27 million. MR The TC17 35kt MEG/East Africa index stayed relatively flat this week continuing at the WS725-730 level or $90,000/day on Baltic description round trip TCE. On the UK-Continent, MR freight suffered from downward pressure again this week. The TC2 37kt ARA/US-Atlantic Coast index published 19 points down from last week at WS159, with the Baltic TCE for the round trip now at $7,400/day. In the US Gulf, MR freight levels managed to recover this week. The TC14 38kt US Gulf/UK-Continent ticked up 35 points to WS195 with the Baltic round trip TCE for the run up now to $16,000/day. The Caribbean voyage on TC21, 38kt US-Gulf/Caribbean also moved up 59% from last week to $807,000 with the corresponding TCE climbing by $18,000/day to its current level $22,800/day on Baltic description. The MR Atlantic Triangulation Basket TCE went from $22,116/day to $27,509/day. Handymax In the Mediterranean, Handymax rates took a 70 point hit this week with the TC6, 30kt Cross-Mediterranean index marked down to WS267, translating to $38,000/day on Baltic TCE round trip. The TC23 30kt Cross UK-Continent also dropped to WS291 this week (-23) still giving $42,000/day on Baltic TCE round trip. VLCC Sentiment in the VLCC market is softer this week. The Baltic panellists now assess the rate for the TD3C route (270,000mt Middle East Gulf to