January 22, 2014Teekay owns and operates different types of tanker vessels. One of the most flexible vessel types is the LR2.
The Long Range 2 Product Tanker (LR2) ranges in size from 105,000 to 115,000 dwt and is the largest specialized clean petroleum product tanker. Thanks to specialized tank coatings, the vessel is able to carry an array of refined crude products which require special handling; a reason why the LR2 is often referred to as a “coated Aframax.” These product tankers are designed to carry refined cargoes (clean) ranging from jet fuel to heating gas oil with specific tank segregations that allow the vessels to carry multiple grades of cargo on a single voyage. The vessels also have the ability to carry crude oil (dirty) and therefore are known for their trading flexibility across both clean and dirty petroleum markets. Our LR2 fleet sails in the Taurus Tankers pool.