Market sources claim Trafigura locked in the 73,750-dwt Nordic Ann (built 2009) for three years at a rate of $17,250 per day.

Brokers believe the deal is solid for both the owner and other members of Straits Tankers, an LR1 pool operated by Hafnia Management and Mitsui OSK.

Others claim the terms of the transaction, which appears to be on subjects, serve as a testament to the recent strength of the LR1 product tanker segment.

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