Morning Tanker Market Commentary

April 30, 2014

VLCC | TCE levels in the AG and the Atlantic Basin remain steady, as new requirements are coming into the market.
 

Clean East | The East of the Suez market continues to be quiet as Golden Week holidays have commenced.  LR1s are holding firm as they wait for more inquiries to enter the market. LR2s are looking a bit more sluggish and rates are under pressure. The Singapore region looks to be softening and the North market is holding firm. 

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