Gunvor's shipping subsidiary has signed its second one-year charter of a MR product tanker for the month amid steady term rates for the segment.

Clearlake Shipping fixed the 50,000-dwt Sadah Silver (built 2016) for a year at $15,250 per day, European shipbrokers said.

The vessel is owned by Oman Tankers, which ordered it for nearly $30.8m