LR3s set to become a scarce sight on the ocean

LR3s – or coated suezmaxes – are nearing extinction. According to Alphatanker, there are currently just 26 afloat and no ships of this type on order. Moreover, only 12 of the existing units are currently trading clean with the rest trading as suezmaxes in the dirty tanker pool. Alphatanker cited three main reasons for the …

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