Product tanker rates are soaring
Posted: Wed Mar 20, 2024 11:14 am
Skyrocketing LR2 tanker rates could force owners to look at smaller ships
The largest product tanker owners continue to make big gains
20 March 2024 14:41 GMT UPDATED 20 March 2024 14:41 GMT
By Matt Coyne in Oslo
LR2 owners continued riding high this week, as rates for the product tankers in the Middle East continued their meteoric rise.
John Fredriksen sells LR2 tanker newbuildings to SFL for $230m
Read more
A scrubber-fitted, eco designed LR2 on the Middle East Gulf to Japan route could earn $87,700 per day, according to Clarksons estimates from...
Good for STNG ASC TRMD
Oil and diesel are down today so some of these names are soft
The largest product tanker owners continue to make big gains
20 March 2024 14:41 GMT UPDATED 20 March 2024 14:41 GMT
By Matt Coyne in Oslo
LR2 owners continued riding high this week, as rates for the product tankers in the Middle East continued their meteoric rise.
John Fredriksen sells LR2 tanker newbuildings to SFL for $230m
Read more
A scrubber-fitted, eco designed LR2 on the Middle East Gulf to Japan route could earn $87,700 per day, according to Clarksons estimates from...
Good for STNG ASC TRMD
Oil and diesel are down today so some of these names are soft