Tanker Market Commentary

Aug. 18, 2014

Clean East | The AG market continues on it's firm trend as the week begins, but most of the activity is now focused on the MRs.  Rates for these ships are trending higher due to the tight positions until the end of August.  Southeast Asia is also strengthening on the constant activity in the AG.  The North looks quiet at the moment with only a few cargoes seen for early September; however, we believe charterers are holding back on showing cargoes to the market. 

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