Tufton scores 81% uplift on MR charter

AI Summary

London-listed Tufton Assets has fixed its MR product tanker Mia Grace on a 12-to-14-month charter at $39,000 per day. The rate is 81% above the vessel's previous employment at $21,500 per day, reflecting strength in the tanker market.

London-listed Tufton Assets has capitalised on the strong tanker market, fixing one of its MR product tankers at $39,000 per day, an 81% increase on the vessel’s existing employment. The Mia Grace has been fixed for 12 to 14 months, up from its current rate of $21,500 per day. The new charter is expected to …