Tanker Market Commentary

May 20, 2015

Clean East | LRs in the AG are slowly beginning to see higher rates - hearing TC1 was fixed at WS 104 and TC5 on subs for WS 125.  The tonnage list is still tight for the first decade of June; however, the MRs in that region are still soft.  The south is tight and rates are firming with WS 185 seen for a Spore/Oz voyage.  The North is slowing down and rates are falling.

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