The LR story over the next few quarters is less about a single demand catalyst and more about how much supply quietly comes back into play. This piece unpacks the levers behind that shift: a heavy newbuild delivery schedule, the unwind of recent clean-to-dirty switching, and the potential for faster turnaround if East West routing normalises via Suez. We then weigh how much of that incoming tonnage can realistically be offset by removals in the ageing fleet, and where refinery dislocation may lengthen some voyages while leaving the broader balance still exposed.
Clean fleet…