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Tanker Market Commentary

Dec. 18, 2014

Clean East | There's activity being seen in the AG market and rates are remaining stable.  LR2s are being fixed at 75,000 x WS 99-100 levels.  LR1s are firm and MRs are tight on the tonnage list.  Activity in the Southeast was elevated with a flurry of fixtures fixed in the last decade of December.  The North is still very soft on the lack of activity.