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Tanker Market Commentary

Jan. 2, 2015

Clean East | As the New Year kicks off, not much change has been recorded East of the Suez as quite a number of  traders are still away.  We expect activity will begin to pick up in the coming week.  The North is getting softer and we are hearing a mid-January cargo (Ulsan/Singapore) was done on a Korean tanker below US $450,000.