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Rates Improve In UK, Remain Unchanged In Other Areas

Maritime Activity Reports, Inc.

August 20, 1999

Product tanker rates improved in the UK/continent this week, but were stagnant in other lifting areas, Shipbrokers E.A. Gibson said in a weekly report, adding that movement of products within UK/Cont and out of the area had helped propel rates higher. Brokers said there might be some room for further gains next week, but nothing dramatic.

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