Flexibility wins: Orders shifting from Aframax to ‘coated Aframax

The tanker market’s growing uncertainty is changing the ordering patterns in the 80–120,000 dwt segment, known as the Aframax in crude and LR2 in product tankers. Traditionally, shipowners looking to transport crude oil opted for Aframax tankers, while those focused on refined products ordered LR2s. However, that distinction is becoming blurred, with owners increasingly preferring …

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