Product tanker rates rallied last week and more potential is on the way as ships divert away from the Red Sea.
Rates jumped 20% for LR2s, hitting $73,000 per day, while MRs rose 29% to $40,000 per day and LR1s hit $61,000 per day, Clarksons said.
LR2s could climb above $90,000 per day if utilisation continues rising, Clarksons says
Product tanker rates rallied last week and more potential is on the way as ships divert away from the Red Sea.
Rates jumped 20% for LR2s, hitting $73,000 per day, while MRs rose 29% to $40,000 per day and LR1s hit $61,000 per day, Clarksons said.