Commodities

VLCC Market Continues to Surge with Rising Freight Rates

By Bullbit Editorial · March 29, 2026

WhatVLCC market remains elevated with rising freight rates.
WhyClean LR2 TC1 index jumps from WS383 to WS411, driven by strong demand.
SignalTC20 index climbs to $7.32 million, indicating a significant increase in voyage earnings.
TargetTC15 Mediterranean/East index rises to $9.98 million, with corresponding TCE up.
RiskMarket volatility may be mitigated by increasing demand, but prices remain uncertain.