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Tanker Market Commentary

Sept. 25, 2014

Clean East | The LR2s in the AG segment remain stable; however, LR1s and MRs are being seen as the weaker segments on the back of minimal activity.  The Southeast market continues to be firm, while the North i still coming off due to an ample amount of tonnage.  Some are saying the typhoon situation in the North could create some positivity for owners; however, there are eenoiugh ships to go around.