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

MARKET DIRECTION……..: POISED

RATE ESTIMATES
————– 

AG/USG………..:      280 X W40     – FIRM    TCE=  $30200.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG………:      260 X W77.5   – FIRM    TCE=  $39000.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST……..:      260 X W72.5   – ACTIVE  TCE=  $36800.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE…….:      270 – LS3.7M  – FIRM    TCE=  $31000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE……..:      270 – LS4.4M  – FIRMING TCE=  $59800.00 (USG – SPORE – RAS TANURA)
CBS/SPORE……..:      270 – LS4.45M – FIRMING TCE=  $56600.00 (CBS – SPORE – RAS TANURA)

DEMURRAGE……..:      LOADING WEST AFRICA: $40,000 BASIS USG/UKCM : $35,000 BASIS FEAST
LOADING US GULF/CBS: $57,500
LOADING CONT/NSEA..: $35,000

CARGOES……….:      NOTHING FRESH REPORTED

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**FIXTURES**
***********************************************************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES APRIL 21, 2017
MARAN THALEIA       260 5/17 WAF/EAST          WS72.5    TOTAL
GRAND LADY          260 5/01 CEYHAN/EAST       RNR       SOCAR
SAIQ                270 5/21 STS SKAW/CHINA    RNR       PETROINEOS

MARKET FIXTURES APRIL 20, 2017
DHT LAKE            270 5/09 CBS/JAMNAGAR      RNR       RELIANCE
HONG KONG SPIRIT    260 5/22 WAF/CHINA         COA       UNIPEC
DHT AMAZON          275 5/15 H.POINT/CHINA     LS$4.925M UNIPEC

MARKET FIXTURES APRIL 19, 2017
STARLIGHT VENTURE   270 5/06 CBS/JAMNAGAR      LS$3.95M  ESSAR
LAYLA               270 5/01 CBS/SPORE         LS$4.3M   MERCURIA
NEW PEARL           270 4/26 CBS/EAST          RNR       PETROCHINA
BRITANIS            260 5/11 WAF/CHINA         RNR       UNIPEC
AQUARIUS            260 5/16 WAF/CHINA         WS70      DAY HARVEST

MARKET FIXTURES APRIL 18, 2017
EAGLE VANCOUVER     260 5/09 WAF/CHINA         WS68.75   UNIPEC

MARKET FIXTURES APRIL 17, 2017
MISTRAL             270 5/25 CBS/WCINDIA       RNR       RELIANCE

 

THANK YOU
PHIL – TANKSHIP

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