The month-long MR tanker rally has continued, with rates up another 60% in a week.

Clarksons Platou Securities now assesses earnings at $56,000 per day on average.

Owners can achieve even more than that on trips from the US Gulf to Europe, exporting diesel, a trade that has become more important due to the difficulties of shipping Russian oil.

Even the beleaguered VLCC sector saw earnings double to $27,000 per day for eco ships built from 2015 on.