Shipping Corp of India has chartered out one of its LR2 tankers for up to a year at a rate level not seen in a long time, underscoring the recovery in product tanker markets.
The 104,000-dwt Swarna Jayanti (built 2010) has reportedly been fixed by Koch Logistics for six months with an option for six more months.
The rate for the firm period is $17,250 per day, and it is $19,250 per day to $19,500 per day for the optional period.
