Lloyd's List is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

Menu

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
Tags:
Tankers and Gas Freight rates VLCC

More LR2s pivot from clean to dirty as aframax rates outperform

  • Global aframax rates and MEG-Japan LR2 rates were closely aligned in July through mid-September; since then, aframax rates have been $20,000 per day higher
  • Clarksons estimates that 53% of LR2 fleet is now trading dirty, up from 48% two months ago
  • Rapid switching of newbuild LR2s to dirty trades after delivery alleviates product carrier rate pressure from high orderbook

  • Analysis

Aframax rates are heavily outperforming LR2 rates, prompting a larger-than-usual migration of coated tankers from clean to dirty trades

Table

View full table

Related Content

Topics

  • Related Companies
    • Tags:
    Tankers and Gas Freight rates VLCC
    UsernamePublicRestriction

    Register

    LL1155656

    Ask The Analyst

    Please Note: You can also Click below Link for Ask the Analyst
    Ask The Analyst

    Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

    All fields are required.

    Please make sure all fields are completed.

    Please make sure you have filled out all fields

    Please make sure you have filled out all fields

    Please enter a valid e-mail address

    Please enter a valid Phone Number

    Ask your question to our analysts

    Cancel

    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

    Printed By