US-listed Scorpio Tankers has unveiled a stronger set of time charter earnings for its fleet in the first quarter.

Growth for pool and spot market product carriers has been particularly pronounced compared to the final three months of 2022, as the clean sector goes from strength to strength.

In a business update, the company said daily time charter equivalent (TCE) earnings were $58,000 for LR2s in the fourth quarter, up from $50,800 in the third period.