Aframax Market Report – Week of May 29-June 02, 2017

RATE ESTIMATES
—————
70  CBS/USG: WS112.5     WEAK
80  CROSS MED: WS97.5     DROPPED
80  BKSEA/MED: WS102.5     DROPPED
80  NSEA/UKC: WS97.5      STEADY-ISH
100 PRIMORSK/UKC: WS77.5      STEADY-ISH

DEMURRAGE.(US)…: $22,000.00 PD+/-
DEMURRAGE.(UKC/M): $24,000.00/20,000.00 PD+/-
USG LIGHTERING…: $24,750.00 PD+/- MIN 3DAYS/ONE LIGHTERING – ???

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**FIXTURES**
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VESSEL             CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES MAY 29, 2017
BLS ABILITY          70 6/10 COVENAS/CHIRIQUI  RNR      UNIPEC
MAERSK PROSPERITY    80 6/10 BREGA/MED         RNR      PETROINEOS
OVERSEAS REDWOOD     80 6/16 CPC/MED           WS100    LITASCO
ALFA ALANDIA         80 6/13 CPC/MED           WS100    CHEVRON
ATLANTIC EXPLORER    80 6/16 NOVO/MED          RNR      VITOL
YASA GLDN DARDANLLES 80 6/17 NOVO/MED          WS99     OILMAR
MINERVA ATLANTICA    80 6/08 CEYHAN/MED        WS100    UML
SIGNAL PUMA          80 6/16 CPC/MED           WS100    KMG
SEASONG              80 6/11 WCNORWAY/UKC      WS97.5   PHILLIPS 66
DELTA SAILOR        100 6/11 PRIMORSK/UKC      WS75     LITASCO

MARKET FIXTURES MAY 30, 2017
SEALUCK III          70 6/09 ECMEX/USG         WS117.5  HOUSTON REFINING
MESAIEED             70 DNR  USG LTRG          $25KPD   VALERO
MAERSK PEARL         80 6/09 ZAWIA/MED         WS102.5  LITASCO
AFRA OAK             80 6/08 MELLITAH/SPAIN    WS100    CEPSA
ST HELEN             80 6/07 TUAPSE/MED        RNR      NEWTON
SPIRIT II            80 6/07 NSEA/UKC          WS102.5  SHELL
NS CREATION          80 6/08 NSEA/SPAIN        RNR      CEPSA
STEALTH NORVIC      100 6/09 UST LUGA/UKC      WS90     TRAFIGURA
LITEYNY PROSPECT    100 6/19 BALTIC/UKC        WS90     ST SHIPPING

MARKET FIXTURES MAY 31, 2017
ACE                  70 6/05 ECC/UKC           WS105    OCCIDENTAL
GARABALDI SPIRIT     70 6/08 ECMEX/USG         WS125    EXXONMOBIL
MINERVA HELEN       100 6/08 BALTIC/USG        WS70     ST SHIPPING
SAGA                100 6/08 MURMANSK/UKC      WS90     GAZPROM
MINERVA GLORIA      100 6/05 UST LUGA/UKC      RNR      VITOL

MARKET FIXTURES JUNE 01, 2017

MINERVA NIKE         70 6/02 USG/TA            WS102.5  BP
CELTIC SEA           80 6/10 ALGERIA/UKC-MED   WS92.5   ENI – *WS97.5 FOR MED*
ABLIANI              85 6/11 CPC/MED           WS97.5   VITOL
CE-BREEZE            80 6/06 SKERIR/GREECE     WS115    HELLENIC
FOUR WIND            80 6/04 NSEA/UKC          WS115    SHELL
STATOIL TBN         100 6/08 BALTIC/UKC        WS87.5   ST SHIPPING
NORDBAY             100 6/08 BALTIC/UKC        WS90     VITOL

MARKET FIXTURES JUNE 02, 2017
SEAMUSIC             80 6/10 NOVO/UKCM         WS107.5  VITOL
SEASTAR              90 6/10 BKSEA/USG         WS82.5   VITOL

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.