Product tanker owners are looking for a lift from the partial outage of Colonial Pipeline, the largest land-based transport system for oil products in the US.

The Baltic Exchange assessed the Atlantic basket rate for MRs at $18,997 per day on Tuesday, a three-week high and marginally up from $18,262 on Monday.

Spot earnings for the TC2_37 northwest Europe-US east coast route were $5,947 per day, a one-week high.