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Tanker Market Commentary

Aug. 14, 2014

Clean East | The AG market continues to be firm on a tight tonnge list.  The LR2 market is still stable as well as the LR1.  The MRs are firming up due to the LR2 parcels being broken up into MR sizes.  A number of ships are on subs and it's not easy to find a ship until end August.  The Southeaast market has quite a number of prompt ships and is staying stable.  The North is still tight, but seems to be taking a brakers as most of the cargeos in August are covered.