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Tanker Shipping Rates Post Strong Gains on Middle East Worries

freight_commodity_indices UTC: 2026-03-08 22:00:58

Clean LR2 MEG LR2 freight moved dramatically this week. The TC1 75kt MEG/Japan index ultimately went from WS222 to WS446, with the corresponding TCE climbing to $120,000/day on Baltic description round trip. A voyage west saw the TC20 90kt MEG/UK-Continent index also rise to $...

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