Charterers secured more LR1 tonnage as spot markets saw a volatile week of trading.
The benchmark LR1 route from the Middle East Gulf to Japan reached Worldscale (WS) 115 last Friday, the highest level year-to-date.
Aramco Trading Co was reported to have fixed vessels at WS 115 and WS 120 for March laycan. ST Shipping was also said to be in the spot market, chartering a vessel at WS 115.
