Traders split naphtha cargoes onto MRs to capitalize on weaker freight

Capt. John

The sharp fall in Medium Range, or MR, tanker rates to an all-time low along with a sizable discount to Long Range, or LR tankers has prompted several charterers to either split cargoes or directly move smaller parcels from the Middle East and India to North Asia, several market participants said....

https://www.hellenicshippingnews.com/traders-split-naphtha-cargoes-onto-mrs-to-capitalize-on-weaker-freight/

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