Aframax Market Report – Week of April 17-21, 2017

MARKET DIRECTION UKC…..: OVERLOADED
MARKET DIRECTION MED…..: STEADY/SLOW
MARKET DIRECTION AMERICAS: SLOWING

RATE ESTIMATES
————–

70  CBS/USG……: WS112.5     ACTIVE-WEAKENING?
80  CROSS MED….: WS107.5     POISED-ISH
80  BKSEA/MED….: WS105       POISED-ISH
80  NSEA/UKC…..: WS107.5     STEADY
100 PRIMORSK/UKC.: WS92.5     
FRAIL

DEMURRAGE.(US)…: $21,500.00 PD+/-
DEMURRAGE.(UKC/M): $23,000.00/24,000.00 PD+/-
USG LIGHTERING…: $22,750.00 PD+/- MIN 3DAYS/ONE LIGHTERING – ???

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**FIXTURES**
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VESSEL             CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES APRIL 21, 2017
SKS SATILLA         70 4/28 COVENAS/USG       WS102.5  ST SHIPPING
AET TBN             70 4/27 USG/ECC           WS85     OXY
MINERVA IRIS        70 4/27 USG/ECC           WS77.5   BP
MINERVA ALEXANDRA   80 4/28 GAMBA/EAST        WS127.5  SHELL
GEMINI SUN          80 4/30 NOVO/MED          RNR      LUKOIL
ALICANTE OO         80 4/30 CEYHAN/MED        WS107.5  CNR
DREPANOS            80 4/29 ALGERIA/UKC       WS95     TOTAL
STEALTH NORVIC      80 5/04 CPC/MED-CONT      WS102.5  CHEVRON
NEW ABILITY         80 4/28 ARZEW/UKC         WS95     SHELL
LIGOVSKY PROSPECT  100 5/01 UST LUGA/UKC      WS90     STATOIL
OLYMPYSKY PROSPECT 100 4/28 BALTIC/UKC        WS90     ST SHIPPING
DUBAI BEAUTY       100 4/29 UST LUGA/UKC      WS90     TRAFIGURA

MARKET FIXTURES APRIL 20, 2017
MESAIEED            70 4/25 STATIA/USG        RNR      PETROCHINA
VALFOGLIA           70 4/28 ECC/USAC          WS115    PES
GEORGY MASLOV       70 4/25 CBS/USG           RNR      CHEVRON – OLD
NAVIG8 TBN          90 4/29 GABON/TRINIDAD    RNR      ADMAR
ALEXIA              80 5/02 BKSEA/UKCM        WS102.5  KMG
CARMEL              80 4/30 LIBYA/MED         WS107.5  ST SHIPPING
MARATHA             80 4/29 CEYHAN/MED        WS105    STATOIL
ALHANI              80 5/01 NOVO/MED          RNR      LITASCO
THENAMARIS TBN      80 5/01 BKSEA/MED-UKC     WS105    VITOL
URAGA PRINCESS      80 4/27 ALGERIA/MED-UKC   WS100-95 OMV
UNITED JOURNEY      80 4/28 LIBYA/TRIESTE     WS100    OMV
NS LEADER           80 4/28 ALGERIA/UKC       WS95     STATOIL
SEASTAR             80 4/27 ES SIDER/MED      RNR      UNIPEC
NISSOS SERIFOS      80 5/02 BKSEA/UKCM        WS103.75 SOCAR
SAKURA PRINCESS     80 4/28 BKSEA/MED-UKC     WS100    SHELL
THORNBURY           80 4/23 TEES/CONTINENT    RNR      ST SHIPPING
DEEP BLUE          100 4/27 PRIMORSK/UKC      WS90     ST SHIPPING

MARKET FIXTURES APRIL 19, 2017
SHANGHAI DAWN       70 DNR  USG/SPORE         LS$2.1M  CNR
TOFTEVIKEN          70 4/25 JOSE TERMINAL/USG WS115    CHEVRON
SYRA                70 4/23 COVENAS/USG       WS115    SHELL
MINERVA CONCERT     70 4/22 ECMEX/USG         WS117.5  HOUSTON REFINING – RPLC
PACIFIC ENERGY      80 5/01 RED SEA/WCINDIA   RNR      ENOC
NS ANTARCTIC       100 4/26 BALTIC/UKC        WS90     LITASCO
MINERVA ZOE        100 4/26 UST-LUGA/UKC      RNR      CLEARLAKE

MARKET FIXTURES APRIL 18, 2017
AEGEAN POWER        80 4/22 ESSIDER/MED       WS105    PETRACO
LUNDQVIST TBN       80 4/24 DENMARK/TRANMERE  RNR      ESSAR
PANTELIS           100 4/27 BALTIC/UKC        WS90     UNIPEC
ABSHERON           100 4/26 BALTIC/UKC        RNR      MARSA
FOUR WIND          100 4/26 MURMANSK/UKC      WS95     GAZPROM

MARKET FIXTURES APRIL 17, 2017
ALMI STAR           70 4/16 USG/CBS           $20.5KPD OSGL
AEGEAN FAITH        70 4/16 ECMEX/USG         WS107.5  EXXONMOBIL

 

THANK YOU
PHIL – TANKSHIP

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