The Product Tankers

These are distinguished according to their size. The size of tankers is usually measured in dwt. The three most common product segments are the LR2-, LR1- and MR segments. The LR2 segment is the segments, which holds the largest product tankers. When carrying clean products these ships usually trade on the long voyages out of the Middle East to the Asian countries and Northern Europe. When carrying dirty products these ships usually trade on the long and medium voyages out of the Black Sea to the Mediterranean and the US and out of the Baltic and North Sea to Northern Europe and the US.