MR TCEs inched up in mid-April
24 April 2025
Eastport MR TCE index against surveyed 1Y TC rate
The Eastport MR TCE index measures the theoretical profitability of a 5-year-old 52kDWT chemical/product tanker carrying bulk chemicals on a typical ME Gulf eastbound voyage, and back with palm oil cargos. MR TCEs climbed 1% MoM from USD21,700PD in March to USD21,850PD in April alongside weakening bunker costs. For more, please refer to the Buy Low Sell High report by Eastport R&S.