Clean Market Report – Week of June 5-9, 2017

RATE ESTIMATES FOR THE ATLANTIC/AMERICAS/WEST AFRICA AND UK CONTINENT

CONT/TA:WS140       STEADY
UKC/WAF:WS160       STEADY
CBS/USAC:WS145      STEADY
USG/UKC:WS112.5     STEADY
USG/ECMEX:LS$200K   SOFTER
USG/WAF:WS182.5     STEADY
USG/BRAZIL:WS177.5  STEADY
USG/CBS:LS445K      SOFTER
USG/ECUADOR:LS800K  SOFTER
USG/PERU:LS990K     SOFTER
USG/CHILE:LS1.2M    STEADY
USG/LAZARO:LS850K   STEADY
USG/ROSARITO:LS950K STEADY
USG/WCCA:LS825K     STEADY
USG/FEAST:LS1.3M    STEADY

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FIXTURES
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CONT/TA……:WS140    STEADY

UKC/WAF……:WS160    STEADY

CBS/USAC…..:WS145    STEADY
USG/UKC……:WS115    FIRMER
USG/ECMEX….:LS$200K  SOFTER
USG/WAF……:WS182.5  STEADY
USG/BRAZIL…:WS177.5  STEADY
USG/CBS……:LS445K   STEADY
USG/ECUADOR..:LS800K   SOFTER
USG/PERU…..:LS990K   SOFTER
USG/CHILE….:LS1.2M   SOFTER
USG/LAZARO…:LS850K   STEADY
USG/ROSARITO.:LS950K   STEADY
USG/WCCA…..:LS825K   STEADY
USG/FEAST….:LS1.25M  STEADY

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FIXTURES
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VESSEL           QTY CGO LOAD/DISCHRGE   DATE     RATE      CHARTERER
MARKET FIXTURES JUNE 09, 2017
BW LEOPARD        38 UAN MISS RIVER/UKC  11/JUN   RNR       CFI
SEAWAYS ALCMAR    38 CPP USG/CBS         12/JUN   LS$445K   CNR
STI TEXAS CITY    38 CPP USG/TA-CBS-BRZL 15/JUN   WS112.5   VALERO
R’BURY ALEXANDRA  38 CPP USG/PERU        15/JUN   LS$990K   REPSOL

MARKET FIXTURES JUNE 08, 2017
HIGH PRESSENCE    38 UNL USG/ECMEX       12/JUN   LS$200K   PMI
ENERGY COUGAR     38 UNL USG/DOMREP      14/JUN   LS$400K   NOVUM ENERGY
SILVER POINT      38 MTB USG/CHILE       13/JUN   LS$1.25M  ENAP
HIGH SATURN       38 UNL USG/ECSA        15/JUN   WS185     VALERO
SILVER CAITRIONA  38 CPP USG/CBS         11/JUN   RNR       SHELL
MINERVA JULIE     38 ULD USG/BRAZIL      16/JUN   WS190     ATMI
MAERSK MISUMI     38 ULD USG/BRAZIL      14/JUN   WS187.5   LUKOIL – *FAILED*

MARKET FIXTURES JUNE 07, 2017
EAGLE MILAN       38 UNL USG/ECMEX       08/JUN   LS$200K   PMI
HORIZON APHRODITE 38 CPP USG/BRAZIL      13/JUN   RNR       MAERSK OIL
CAPE BEALE        38 CPP USG/BRAZIL      08/JUN   WS165     PETROCHINA
SEABRIGHT         38 UNL USG/BRAZIL      13/JUN   WS175     CCI
ENERGY PANTHER    38 CPP USG/UKCM        15/JUN   RNR       KOCH
HIGH CHALLENGE    38 CPP USG/BRAZIL      09/JUN   WS175     CNR
SEAWAYS ALCMAR    38 UNL USG/IF CBS      11/JUN   WS175     CNR
HIGH DISCOVERY    38 CPP USG/BRZIL-ARGIE 09/JUN   WS175     SHELL
AFRODITE          38 UNL C.B.C./USAC     11/JUN   O/P       SHELL
CONTI AGULHAS     38 NAP MAMONAL/USAC    14/JUN   WS142.5   CNR
JO ROWAN          60 UNL USG/ECSA        16/JUN   WS150     REPSOL
SAUGER            60 NAP USG/TAIWAN      16/JUN   LS$1.65M  VITOL

MARKET FIXTURES JUNE 06, 2017
MTM MANILA        38 CPP USG/BRAZIL      09/JUN   WS175     CCI
CPO INDIA         38 UNL USG/ARGIE       08/JUN   WS180     PHILLIPS 66
ATLANTIC STAR     38 UNL USG/ECSA        08/JUN   WS175     LUKOIL
HIGH PRESSENCE    38 CPP USG/CBS         09/JUN   LS$425K   VALERO
STI PONTIAC       38 UNL USG/CBS         08/JUN   LS$425K   ST SHIPPING
SAINT ALBANS BAY  38 UNL USG/ECMEX       08/JUN   RNR       PMI
KHASAB SILVER     38 UNL USG/ECMEX       09/JUN   LS$200K   PMI
TORM AMAZON       38 UNL USG/ECMEX       10/JUN   LS$200K   PMI
ELKA HERCULES     38 CPP ST JOHN/UKCM    09/JUN   RNR       BP
ATLANTIC CROWN    38 CPP C.B.C./USAC     12/JUN   RNR       SHELL
JO REDWOOD        60 NAP USG/TAIWAN      18/JUN   RNR       VITOL

MARKET FIXTURES JUNE 05, 2017
NOTHING FRESH…

LAST FRIDAYS FIXTURES
ELKA HERCULES     38 ULD ST JOHN/UKC     06/JUN   RNR       BP
PYXIS THETA       38 CPP USG/ECMEX       08/JUN   LS$205K   CNR
NORD INTEGRITY    38 CPP USG/CBS         08/JUN   LS$450K   ST SHIPPING
SILVER ERVILIA    38 UNL USG/CHILE       04/JUN   LS$1.2M   VALERO – *BACK ON SUBS*
CAPE BEIRA        38 CPP USG/BRAZIL      05/JUN   RNR       RESOURCE MARINE
TORM PLATTE       38 UNL USG/OPTS        04/JUN   RNR       TRAFIGURA

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UKCM/TA-WAF-SAMERICA
VESSEL           QTY CGO LOAD/DISCHRGE   DATE     RATE      CHARTERER
MARKET FIXTURES JUNE 09, 2017
PORT STEWART      32 CPP ARA/ECC         19/JUN   WS175     IRVING
NORD HIGHLANDER   35 CPP ARA/WAF         14/JUN   WS135     NYALA
FIDELITY II       37 UNL UKC/USAC         DNR     WS140     SHELL
POSILLIPO         37 ULD PORVOO/USAC-USG 14/JUN   WS150     ENGELHART
STI LE ROCHER     37 ULD ARA/WAF         18/JUN   WS162.5   O&O
UACC IBN HAITHAM  60 ULC MONGSTAD/WAF    15/JUN   WS105     VITOL (OPTS FOR FAR EAST AS WELL)

MARKET FIXTURES JUNE 08, 2017
CRAWFORD          37 CPP PORT JEROME/TA  10/JUN   WS165     EXXONMOBIL
CRYSTAL BAY       37 CPP ARA/USAC        12/JUN   WS145     SHELL
ISOLA BIANCA      37 UMS UKC/WAF         12/JUN   WS172.5   SAHARA
STI NOTTING HILL  37 UMS PORVOO/TA       14/JUN   WS152.5   NESTE
OVERSEAS KYTHNOS  37 UMS SKIKDA/USAC     11/JUN   WS150     CLEARLAKE
TWINKLE STAR      37 NAP SKIKDA/BRAZIL   16/JUN   WS170     PETROBRAS
MUHUT SILVER      37 UMS UKC/TA          15/JUN   WS142.5   ST SHIPPING

MARKET FIXTURES JUNE 07, 2017
CIELO DI SALERNO  30 UMS WCNORWAY/TA     11/JUN   WS177.5   STATOIL
PTI SEXTANS       37 CPP BANTRY BAY/TA   17/JUN   WS155     GE WARREN – *FAILED*
MISS BENEDETTA    37 UMS BALTIC/TA       11/JUN   WS140     VITOL
ASTIR LADY        37 UMS SINES/TA        14/JUN   WS147.5   CCI
NAVE TITAN        37 CPP FAWLEY/TA       13/JUN   WS147.5   EXXONMOBIL
CHALLENGE PEARL   37 CPP HUELVA/TA       12/JUN   WS147.5   CEPSA
TOWER BRIDGE      40 GO  LAVERA/ARGIE    18/JUN   LS$900K   ST SHIPPING
MARILEE           60 CPP UKC/WAF          DNR     WS102.5   TOTAL

MARKET FIXTURES JUNE 06, 2017
ARDMRE SEAMARINER 37 CPP ARA/WAF         08/JUN   WS170     BP – *FAILED*
MERCINI           37 CPP ARA/TA-ECC      08/JUN   WS147.5   INTERCHEM – *WS157.5 FOR CANADA DISCHARGE*
ARCTIC BLIZZARD   37 CPP ARA/USAC-USG    10/JUN   WS140     CCI
RDGEBURY ROSEMARY 37 NAP UST LUGA/USAC   13/JUN   WS150     GAZPROM

MARKET FIXTURES JUNE 05, 2017
CPO CHINA         37 UMS N.SPAIN/TA      08/JUN   WS150     REPSOL
SUNNY BAY         37 UMS N.SPAIN/TA      12/JUN   WS150     REPSOL
CRYSTAL BAY       37 UMS BALTIC/TA       14/JUN   WS165     STAT0IL *2 PORT LOAD* – FAILED
TAMBOURIN         40 GO  ARA/ARGIE       10/JUN   RNR       SHELL

LAST FRIDAYS FIXTURES
LAVELA            30 UMS WCNORWAY/TA     07/JUN   RNR       STATOIL
STI BLACK HAWK    37 UMS N.SPAIN/TA      12/JUN   WS150     REPSOL
ARCTIC BLIZZARD   37 UMS UKC/USAC        10/JUN   WS140     CCI
STI OCEOLA        37 UMS PEMBROKE/TA     10/JUN   WS150     VALERO
TORM HELVIG       37 NAP SKIKDA/BRAZIL   13/JUN   WS175     PETROBRAS

PERIOD
******
VESSEL            DW YB T/C DURATION    RATE-PD     CHARTERER
——            — — — ——–    ——-     ———
HAFNIA LUPUS      51 12 12 MONTHS       $14KPD      CLEARLAK
ZEFYROS           50 13 12 MONTHS       $13.25KPD   SCORPIO

Clean Team
Pedro Elizondo
Phil Prapopulos

203-319-7272

DISCLAIMER: THIS MARKET REPORT/ANALYSIS CONTAINS FORWARD-LOOKING OPINIONS THAT ARE BY THEIR NATURE SPECULATIVE AND SUBJECT TO CHANGE
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