Current State Of The MR1 Tanker Sector Lead By Romania

• The MR1 tanker sector comprises 570 vessels.
• Histria Shipmanagement stands out for its commitment to fleet renewal.
• Gatik Ship Management, facing regulatory and operational hurdles.

The MR1 tanker sector comprises 570 vessels, ranging from 29,500 dwt to 40,999 dwt, with an average age of 16.8 years, reports Rivera.

Nearly 70% of the fleet exceeds the 15-year age limit preferred by oil majors and traders for chartered tonnage.

With just 1.9% of the...

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