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Tanker Market Commentary

Nov. 5, 2014

Clean East | The east of Suez continues ride on firm sentiment especially on the LR1s. The LR2s are looking to soften a little in the near term as more cargoes are being done on the LR1s and the MRs. The Southeast is slowly firming up on bullish AG sentiment. The North looks more active as there are more cargoes seen coming out in the middle of November, tonnage looks balanced for now, but may get tight in days to come.