Medium-range (MR) tanker rates on the Atlantic triangulation came off recent highs as shipowners wait on definitive word about the status of an outage on a major US gasoline pipeline.
MR rates surged after a fire erupted on a segment of the Colonial Pipeline, which carries a total of 2.5 million barrels (357,000 tonnes) per day of clean petroleum products up to the East Coast from US Gulf Coast refineries.
With
