LR’s in the MEG continued their upward track this week albeit in a somewhat restrained fashion. TC1 climbed 6.64 points taking the index to WS147.
78. For a voyage to the west on TC20 the index rose a modest 78,000 to around the $4,610,000 mark. West of Suez, Mediterranean/East LR2’s on TC15 held relatively flat seeing an incremental improvement of $37,500 to $3,090,000.
In the MEG, LR1’s hopped up optimistically early in the week. On a TC5 run 55kt CPP AG/Japan the index jumped 7.5 points to WS170 points where it looks to have plateaued for the moment.
For a voyage west on TC8 the index has settled up at the end of the week at $3,900,000 (+$71,500) . On the UK- Continent, the TC16 index held firm for the second week on week at around the WS115 level. MEG MR’s have taken yet another recorrect down this week.
The TC17 index was assessed 24.29 points lower than this time last week to WS185. UK-Continent MR’s faced their own woes this week.
TC2 dropped nearly 20% across the week and saw the index dip below WS100 for the first time since September 2021, its currently marked at WS94.56. TC19 in turn also shed 23.
75 points off its value to WS113.83. USG MR’s had their fair share of negative pressures this week.
TC14 went from WS135 to WS120 with the Baltic TCE for the run just managing to hold over the $10,000 per day round trip. TC18 followed and is currently pegged at WS171.43 (down WS17.
5). For a run down to the Caribbean on TC21 we saw the index cut down a little ove.