The LR2 Market continues to firm up as indices inched their way up overnight. Definitely a positive start to the week as Sentiment seems to be more bullish, with owners definitely seeking to do higher than last done rates. With most prompt vessels taken away from the list and a list of fresh cargoes emerging, Owners are looking to keep the momentum going. The LR1s are not far behind, tagging on the improving LR2s.
However, the MRs still continue to stay muted with dampened activity.