LR1
Long Range 1
Meaning
An LR1 is a long range product tanker of about 55,000 to 80,000 deadweight tonnes, roughly Panamax size, used for clean products and some crude.
Also written as Panamax tanker, LR1 tanker
LR1 explained
LR1s sit between MRs and LR2s. They carry clean products such as naphtha and diesel on medium and long hauls, and Panamax-size dirty tankers trade fuel oil and crude in the Caribbean and Americas.
Related terms
LR2
An LR2 is a long range product tanker of about 80,000 to 160,000 deadweight tonnes, typically Aframax-sized with coated tanks for clean products.
MR tanker
An MR (medium range) tanker is a product tanker of about 25,000 to 55,000 deadweight tonnes, the most common size for gasoline, diesel and jet fuel.
Clean tanker
A clean tanker carries refined clean products such as gasoline, naphtha, jet fuel and diesel, usually with coated tanks to protect cargo quality.