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Tanker Market Commentary

Sept. 8, 2014

Clean East | The AG region is holding steady on the back of positive sentiment.  MRs are the busier segments and will likely help support the general AG market.  The Southeast region is also busy on the MRs with a flurry of activity seen ex-Thailand and ex-Singapore (quite a number of ships are on subjects).  The North is looking soft as there are more LRs seen in the region and they will compete with the MRs for backhaul cargoes.