Clean Tankers Reposition West as Hormuz Stays Shut

Clean Tankers Reposition West as Hormuz Stays Shut
The effective closure of the Strait of Hormuz is beginning to reshape clean tanker positioning, with LR2s the most exposed due to their heavy reliance on West-of-Hormuz employment. In response, a growing number of LR2 and MR2 vessels are ballasting from the Pacific to...
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