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Morning Market Commentary

June 25, 2014

Clean East | East of Suez continues to be soft. Rumors that 75,000 x WS 78 is on subs AG/Japan - the first known fixture to have broken the WS 80 mark. LR1s remain quiet and it will make more economic sense to fix on the LR2s.  MRs in the AG are also soft with ample tonnage. 

For additional fixture information and daily spot market rates, check out our Daily Tanker Market Reports