Tanker Market Commentary

Oct. 28, 2014

Clean East | The AG market seems to be stable and LR1s are on the quiet side.  The MRs are making a good run and heard high US $300,000 level was done for a cross-AG voyage.  The Southeast is tightening as some MRs have decided to ballast to the AG to look for employement - an expected move by some owners as this looks to be a better paying sector.  The North is stable and positions are balanced for today. 

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