VLCC Market Report – Week of May 22-26, 2017
RATE ESTIMATES
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AG/USG: 280 X W23.5 – WEAK TCE= $95000.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG: 260 X W55 – WEAK TCE= $25000.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST: 260 X W52.5 – WEAK TCE= $23000.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE: 270 – LS3.0M – STEADY TCE= $23000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE: 270 – LS3.5M – STEADY TCE= $30000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE: 270 – LS3.55M – STEADY TCE= $28000.00 (CBS – SPORE – RAS TANURA)
DEMURRAGE:
LOADING WEST AFRICA: $30,000 BASIS USG/UKCM : $25,000 BASIS FEAST
LOADING US GULF/CBS: $35,000
LOADING CONT/NSEA..: $30,000
CARGOES:
LORD ENERGY VLCC STS MALTA/EAST 6/15-25
TOTAL VLCC H.POINT/EAST 6/10TH
VLCC WAF/UKC-FEAST 6/23-25
MERCURIA VLCC USG/SPORE 6/16-20
UNIPEC VLCC WAF/CHINA 6/27-29
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**FIXTURES**
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VESSEL CGO DATE LOAD/DISCHARGE RATE CHARTERER
MARKET FIXTURES MAY 26, 2017
HERCULES I 270 6/XX USG/SPORE-CHINA RNR-$4.1M OCCIDENTAL
SEA PEARL 270 6/24 ECMEX/YOSU LS$4.025M GS GALTEX
ARSAN 260 6/20 WAF/CHINA WS53.5 UNIPEC
MARKET FIXTURES MAY 25, 2017
FRONT ARIAKE 260 6/21 WAF/ECINDIA LS$2.35M IOC
TAI HUNG SAN 260 6/22 WAF/CHINA WS53 UNIPEC
SAMAIL OO 270 6/15 RDAM/SPORE LS$2.9M BP
GENER8 HECTOR 270 6/07 H.POINT/EAST RNR SHELL
MARKET FIXTURES MAY 24, 2017
DILAM 260 6/20 ECMEX/ECINDIA LS$3.35M IOC
C.PROGRESS 270 6/16 CBS/WCINDIA-SPORE LS$3.1-NR PETROCHINA
NAVE BUENA SUERTE 260 6/23 BRAZIL/EAST O/P PETROBRAS
PU TUO SAN 260 6/24 WAF/CHINA WS53 UNIPEC
MARKET FIXTURES MAY 23, 2017
NEW TALISMAN 270 6/10 CBS/SPORE LS$3.7M PETROCHINA
NEW VISTA 260 6/16 WAF/CHINA COA UNIPEC
MARKET FIXTURES MAY 22, 2017
APOLYTARES 260 6/15 BRAZIL/CHINA WS49.25 PETROBRAS
PERIOD
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VESSEL DWT YB T/C DURATION RATE-PD CHARTERER
—— — — — ——– ——- ———
MARAN TBN (NB) 30+ 17 10 YEARS $31,000 EXXONMOBIL
TAGA 300 04 12 MONTHS RNR KOCH
COSRISING LAKE 308 16 3 YEARS $30,000 EXXONMOBIL
OLYMPIC LADY 300 17 7 YEARS $30,000 EXXONMOBIL
GLORIC 298 06 12 MONTHS RNR BP
THANK YOU
PHIL – TANKSHIP
DISCLAIMER: THIS MARKET REPORT/ANALYSIS CONTAINS FORWARD-LOOKING OPINIONS THAT ARE BY THEIR NATURE SPECULATIVE AND SUBJECT TO CHANGE OR ERROR. BY READING THIS DOCUMENT, YOU CONFIRM THAT TANKSHIP INTERNATIONAL (“TANKSHIP”), ITS OWNERS, OFFICERS, EMPLOYEES AND AFFILIATES ARE NOT RESPONSIBLE FOR THE ACCURACY OF THIS DOCUMENT AND CANNOT BE HELD LIABLE FOR ITS CONTENTS UNDER ANY CIRCUMSTANCES. THE INFORMATION AND OPINIONS CONTAINED HEREIN ARE BELIEVED TO BE ACCURATE, BUT AS THE TANKER MARKET IS/CAN BE VOLITILE NONE OF IT IS GUARANTEED OR WARRANTED TO BE CORRECT. THIS MARKET REPORT/ANALYSIS WAS GIVEN TO YOU, FOR YOUR OWN PURPOSES, AND NOT TO BE RE-CIRCULATED WITHOUT EXPRESS PERMISSION FROM THE COMPANY OR THE SENDER. TANKSHIP INTERNATIONAL IS NOT RESPONSIBLE FOR THE CONTENTS, INCLUDING ANY ERRORS OR OMISSIONS OF OF ANY NATURE CONTAINED WITHIN THIS REPORT, AND IS NOT LIABLE FOR ANY DIRECT AND/OR INDIRECT LOSS, DAMAGE OR EXPENSE ARISING FROM SENDING, RECEIVING OR USE OF THIS REPORT/ANALYSIS.