Croatian owner Tankerska Next Generation (TNG) has snared an eye-catching rate for one of its older MR tankers in strong product carrier markets.

Brokers reported the Zagreb-listed company signed up the 53,000-dwt Velebit (built 2011) for one month at $94,200 per day.

The charterer is not known, but the company usually does business with big-name traders and oil majors.