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Tanker Market Commentary

Aug. 22, 2014

Clean East | The week ends on a bullish note as tonnage remains tight across all segments.  Several mid-Sep LR2 cargoes out in the market. 75,000 x WS 115 does not seem to be available for fixing anymore.  Might be interesting to se how the market pans out next week since it doesn't make sense currently to split LR cargoes as MRs are catchign up at 35,000 x WS 125 levels.