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Tanker Market Commentary

Nov. 14, 2014

Clean East | The AG market continues to show signs of weakness on the LRs.  Hearing 75,000 x WS 115 was done on an LR2 and sentiment is looking weak in the short term.  On the flipside, MRs in the region are gaining momentum and sentiment is firm  - this spilled over from the Southeast region as the list tightened.  Hearing US $185,000 done for a cross-Spore harbor voyage.  The North continues to be firm and the list is also getting tight here.