Tanker Market Commentary

Nov. 26, 2014

Clean East | The LR2s are still showing signs of weakness due to slow activity and hearing 75,000 x WS 107.5 was done AG/Japan.  On the LR1s, hearing a Red Sea/Japan fixture is on subs at 55,000 x WS 115.  MRs in the region are holding stable.  The Southeast is holding stable, but rates may start to soften.  The North is still tight and owners are trying to achieve higher rates. 

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