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Tanker Market Commentary

Aug. 25, 2014

Clean East | LR2s look firm as we saw some ships fixed at the end fo last week.  Tonnage is still tight for the moment which may contribute to some strength.  The LR1s look stable and MRs are remaining firm.  Southeast side is holding steady on activity in the AG.  North looks quiet eventhough some cargoes are seen for the first decade of September.  The list looks longer and we may start to see rates come off.