Crude tankers continue incursion into product trades as rates continue to struggle

Summer phenomenon continues into autumn with LR2s suffering the most

LR2 tankers continue to struggle, in part due to competition from VLCCs and suezmax tankers cleaning up for product trading. — LR2 tankers continue to struggle, in part due to competition from VLCCs and suezmax tankers cleaning up for product trading.Photo: Top Ships

Matt Coyne

TradeWinds correspondentOslo

Published 16 October 2024, 13:58Updated 16 October 2024, 14:28

Tanker rates VLCCs Suezmax tankers Aframax tankers LR1 tankers