Atlantic MR tanker spot rates mount rebound as market tightens

The MR tanker market extended a rebound on Tuesday as rising activity levels helped thin the tonnage list, presenting the prospect that owners in the sector could find themselves in the driving seat again.

Howe Robinson Partners reported that rates on the triangular trade linking Europe to the US east coast and then from Gulf Coast back to Europe stood at $11,872 per day for eco tonnage.