Aframax Market Report – Week of June 12-16, 2017

RATE ESTIMATES
—————
70  CBS/USG:      WS80      BOTTOMED?
80  CROSS MED:    WS95      WILL RISE
80  BKSEA/MED:    WS100     WILL RISE
80  NSEA/UKC:     WS100     RISING
100 PRIMORSK/UKC: WS75      RISING

DEMURRAGE.(US):    $18,000.00 PD+/-
DEMURRAGE.(UKC/M): $23,000.00/22,000.00 PD+/-
USG LIGHTERING:    $19,500.00 PD+/- MIN 3DAYS/ONE LIGHTERING – ???

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**FIXTURES**

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VESSEL              CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES JUNE 16, 2017
TOFTVEIKEN           70 6/30 WHIFFENHEAD/USAC  WS87.5   PES
MAKRONISSOS          70 6/28 TRINIDAD/USG-OPTS RNR      MERCURIA
NEW AMORGOS          80 6/24 TUNISIA/MED       WS95     BBNAFT
GEMINI SUN           80 6/29 NOVO/MED-UKC      WS95     OILMAR
AXEL SPIRIT          80 6/29 ALGERIA/BRAZIL    WS121    PETROBRAS
MINERVA KYTHNOS      80 6/21 TEES/UKCM         WS97.5   TOTAL
BLACKCOMB SPIRIT    100 6/26 BALTIC/UKC        WS75     CNR
DELTA SAILOR        100 6/27 UST LUGA/UKC      WS75     ENI

MARKET FIXTURES JUNE 15, 2017
NS CORONA            70 6/17 ECMEX/USG         WS92.5   ATMI
GEORGY MASLOV        70 6/26 CBS/USG           WS90     CHEVRON
OVERSEAS JOSE CAM   100 6/26 PRIMORSK/UKC      WS75     TOTAL
LITEYNY PROSPECT    100 6/25 BALTIC/UKC        WS73.5   VITOL
NAVIG8 GRACE        100 6/23 BALTIC/UKC        WS73.5   VITOL

MARKET FIXTURES JUNE 14, 2017
NIKOLAY ZUYEV        80 6/26 CEYHAN/MED        RNR      URSA
ARIES SUN            80 6/29 CPC/MED           WS95     UML
LEO SUN              80 6/25 CEYHAN/MED        WS95     BP
SEAMUSIC             80 6/24 ALGERIA/UKC       WS85     CLEARLAKE
BADR                 80 6/23 SKERIR/BOURGAS    RNR      LITASCO
SEAGRACE             80 6/26 CPC/MED           WS95     SHELL
ALTAI                85 6/30 CPC/MEWD          WS94     KMG
SN OLIVIA           100 6/19 SKERIR/GDANSK     LS$730K  PKN ORLEN
SCF BALTICA         100 6/25 BALTIC/UKC        WS70     MARSHA
MOSCOVSKY PROSPECT  100 6/20 VYSOTSK/UKC       WS65     LUKOIL
SAMRAA ALKHALEEJ    100 6/21 UST LUGA/MED      WS60     MERCURIA
MINERVA IRIS        100 6/24 BALTIC/UKC        WS72.5   TRAFIGURA
PENELOP             100 6/21 GDANSK/UKC        WS69.75  TOTAL

MARKET FIXTURES JUNE 13, 2017
TARBET SPIRIT        70 6/20 COVENAS/CHIRIQUI  WS85     CHEVRON
STEMNITSA            70 6/22 CBS/USG           WS92.5   TRAFIGURA
AGATHONISSOS         80 6/21 MELITAH/USG-USAC  WS80-85  UNIPEC
MAERSK PEARL         80 6/25 SUPSA/MED         WS92.5   STATOIL
OLIB                 80 6/22 BOURI/MED         RNR      API
PAMISOS              80 6/17 FARWAH/SPAIN      WS112.5  REPSOL – *FAILED*
MINERVA ANTARCTICA   80 6/19 ALGERIA/BAYWAY    WS80     PHILLIPS 66
DREPANOS             80 6/20 STURE/ECC         WS90     BP
BELMAR              100 6/19 BALTIC/UKC        WS65     ST SHIPPING
DELTA STAR          100 6/19 UST LUGA/MED      WS57.5   ENI
PELAGOS             100 6/19 BALTIC/UKC        WS65     ST SHIPPING
KRANSNODAR          100 6/22 MURMANSK/UKC      WS67.5   GAZPROM
SEAWAYS YELLOWSTONE 100 6/22 MURMANSK/UKC      WS67.5   GAZPROM

MARKET FIXTURES JUNE 12, 2017
SEA BAY              75 6/27 ECC/IF SPORE      LS$2.35M SHELL
NISSOS THERASSIA     85 6/28 EBOK/SARROCH      WS95     PETRACO
ALFA GERMANIA        80 6/19 ALGERIA/SINES     WS85     PETROGAL
PARTHENON TS         80 6/19 NOVO/MED          WS95     SHELL
ATHINEA              80 6/17 LIBYA/MED         WS90     OMV
TAURUS SUN           80 6/23 NOVO/BKSEA-MED    LS$460K  URSA – *RNR FOR MED DISCARGE*
NISSOS SERIFOS       80 6/23 CEYHAN/MED        WS95     CHEVRON
NISSOS DELOS         80 6/20 CPC/MED           WS95     CHEVRON
DUBAI CHARM          80 6/17 FARWAH/MED        WS96.25  REPSOL
SPIRIT II            80 6/16 WCNORWAY/UKC      WS93.75  STATOIL
HS CARMEN           100 6/19 PRIMORSK/UKC      WS65     ST SHIPPING
LIGOVSKY PROSPECT   100 6/20 UST LUGA/UKC      WS65     ST SHIPPING

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.