Clean tanker rates are keeping steady at better levels than crude carrier counterparts, with market fundamentals in their favour.
Clarksons Securities assessed LR2 numbers at $38,700 per day on Tuesday, down 0.2% from the day before, while MR ships rose 2% to $35,900.
“Refinery margins remain high while inventories remain low, supporting the product tanker market, particularly in Europe,” analysts Frode Morkedal and Even Kolsgaard said.
