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Tanker Market Commentary

Nov. 4, 2014

Clean East |  The East of Suez market is still firm, especially for the LRs, due to North Asia's current strong appetite for naphtha.  The MRs are also enjoying firm sentiment as the high demand for short voyages in the AG as well as imports into Africa are keeping rates firm.  The South is also firming due to the sentiment in the AG.  The North remains stable.