VLCC Market Report – Week of April 24-28, 2017
MARKET DIRECTION……..: TWO TIERED MARKET
RATE ESTIMATES
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AG/USG: 280 X W33.5 – FIRM TCE= $24200.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG: 260 X W67.5 – FIRM TCE= $35000.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST: 260 X W62.5 – ACTIVE TCE= $29800.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE: 270 – LS3.8M – 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……….: MERCURIA VLCC USG/SPORE 5/16-18
PETROINEOS VLCC WAF/CHINA 5/25TH
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**FIXTURES**
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VESSEL CGO DATE LOAD/DISCHARGE RATE CHARTERER
MARKET FIXTURES APRIL 28, 2017
SHIBLAH 270 5/27 CBS/WCINDIA LS$3.9M ESSAR
ECO FUTURE 270 5/25 CBS/WCINDIA LS$3.55M ESSAR
ASTIPALIAIA 260 5/22 WAF/WCINDIA LS$2.925M BPCL
MAERSK HEIWAS 260 6/02 WAF/CHINA WS62.5 UNIPEC
ATHENIAN GLORY 260 5/29 WAF/CHINA WS62.5 UNIPEC
FRONT KATHERINE 260 5/26 WAF/CHINA WS67.5 DAY HARVEST
MARKET FIXTURES APRIL 27, 2017
XIN YUE YANG 270 5/27 ECMEX/SKOREA LS$5.8M GS CALTEX
RIDGEBURY PROGRESS 260 5/28 WAF/USWC WS63.5 TESORO
GENER8 ATHENA 270 5/25 RDAM/SPORE LS$3.8M KOCH – *FAILED*
MARKET FIXTURES APRIL 26, 2017
MARAN THALEIA 260 5/21 BRAZIL/CHINA WS68 PETROBRAS
ATHENIAN SUCCESS 260 5/25 WAF/CHINA WS67.5 CHEMCHINA
NEW FRONTIER 280 5/15 NSEA/CHINA RNR BP
MARKET FIXTURES APRIL 25, 2017
NEW SOLUTION 270 5/07 CBS/EAST RNR PETROCHINA
MARAN CLEO OO 260 5/16 BRAZIL/CHINA WS73.5 PETROBRAS
GENER8 NOBLE 260 5/18 BRAZIL/CHINA WS68 PETROBRAS
BUKHA 260 5/16 URUGUAY/CHINA COA SHELL
BK LIMA 260 5/25 WAF/CHINA WS69 LITASCO
MARKET FIXTURES APRIL 24, 2017
COSRISING LAKE 270 5/15 CBS/EAST RNR PETROCHINA
APOLLONAS 270 5/15 H.POINT/EAST RNR ST SHIPPING
THANK YOU
PHIL – TANKSHIP
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