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Tanker Market Commentary

Sept. 16, 2014

Clean East | LR2s are continuing on a downward trend due to a lack of activity.  Meanwhile. LR1s are holding firm against a tight tonnage list. With enough activity to keep the MRs busy - they've been experiencing a steady trend.  The Southeast region is very firm and some charterers are unable to find ships for their cargoes.  The North is getting weaker and it's becoming quiet there.