MR product carriers have been the most busily traded kind of ship in secondhand tanker markets for yet another week, with a new batch of transactions coming to the fore.

“MR remains the most popular size, with interest witnessed across both younger and older vessels,” Eva Tzima, head of research at Athens-based Seaborne Shipbrokers, wrote on 9 May.

“Asset values continue to firm, while several candidates are either withdrawn or are marketed with significantly upward revised price ideas.”