Suezmax Market Report – Week of June 19-23, 2017

RATE ESTIMATES
————–
150 CBS/USG:W55        – STEADY     TCE:$10300
130 CBS/SPORE:LS$2.0M  – STEADY     TCE:$10800
130 WAF/USG:W55        – STEADY     TCE:$6900
130 WAF/UKC-MED:W57.5  – STEADY     TCE:$3500
135 NSEA/TA:W57.5      – STEADY     TCE:$9500
135 S.KERIR/MED:W67.5  – STEADY     TCE:$8500
140 BLKSEA/UKCM:W70    – FLAT       TCE:$6000
130 MED/TA:W55         – STEADY     TCE:$11800 

DEMURRAGE:
$22,500 (WAF/US-UKC-MED)
$22,500 (CBS/USG)
$25,000 (BKSEA){BLACK SEA CLAUSE TO APPLY}

**CARGOES**
SHELL       150 COVENAS/USG         7/01-02
PETROBRAS   130 BRAZIL/CHINA-OPTS   7/13-16
LITASCO     140 NOVO/UKCM           7/05-07
SHELL       130 BALTIC/EAST         7/01-03
LITASCO     130 UKC/EAST            6/28-30

************
**FIXTURES**
***********************************************************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JUNE 23, 2017
SEARACER            130 7/10 WHIFFENHEAD/USAC  WS60      PES
MARAN HERMIONE      130 DNR  CBS/USWC          LS$2.0M   CHEVRON
ALEKSEY KOSYGIN     135 7/09 CPC/UKCM          WS72.5    CHEVRON

MARKET FIXTURES JUNE 22, 2017
STENA SUEDE         130 7/15 CBS/JAPAN         LS$2.7M   COSMO

ISKMATI SPIRIT      150 6/28 STATIA/USG        WS55      TRAFIGURA
STENA SUPREME       130 7/14 WAF/USAC          WS55      MONROE
FRONT BRAGE         130 7/12 WAF/CILACAP       WS65      SHELL
AEGEAN ANGEL        130 7/24 STS MALTA/USG     RNR       NEWTON
KAPSALI             130 7/10 ARZEW/VAD.+MUM.   LS$1.525M BPCL
LENI P.             130 7/10 CEYHAN/VAD.+MUM.  LS$1.475M BPCL
CAPE BALDER         130 7/03 SKERIR/NINGBO     LS$2.2M   UNIPEC
SCF SAYAN           135 7/09 BKSEA/UKCM        WS72.5    CHEVRON
CAPE BRINDISI       130 7/08 RDAM/SPORE        LS$1.825M UML

MARKET FIXTURES JUNE
21, 2017
EVRIDIKI            130 7/03 ECC/USAC          WS60      PES – *FAILED*
MARAN HERMIONE      130 7/05 BRAZIL/SPAIN      RNR       REPSOL – *FAILED*
RIO SPIRIT          130 7/11 NIGERIA/UKCM      WS55      BP

SEAPRINCE           140 7/06 NOVO/SKOREA       LS$2.5M   LITASCO
EAGLE SAN ANTONIO   130 7/08 RDAM/SPORE        LS$1.8M   UML – *FAILED*

MARKET FIXTURES JUNE 20, 2017
FRONT CRYSTAL       130 7/02 WAF/SPAIN         WS62.5    REPSOL

STENA SUPREME       130 7/11 WAF/USAC          WS60      MONROE
PSERIMOS            130 7/07 WAF/SPAIN         RNR       CEPSA
SONANGOL CABINDA    130 7/14 WAF/USG           WS50      MERCURIA
NEW LEGEND          130 7/09 CEYHAN/MUMBAI     LS$1.475M BPCL
DS WARRIOR          130 7/05 TAMAN/SPORE       LS$1.8M   ST SHIPPING
OTTOMAN INTEGRITY   130 6/29 CEYHAN/MED        RNR       KMG
DENSA ORCA          130 7/15 BKSEA/JAPAN       LS$2.55M  CHEVRON
CAPE BAXLEY         130 7/04 ARZEW/USG-USAC    WS45-47.5 TRAFIGURA
AGISTRI             130 6/30 GIBRALTAR/WCINDIA LS$1.375M BP
DELTA MARINER       130 7/20 RDAM/SPORE        LS$1.575M TOTAL

MARKET FIXTURES JUNE 19, 2017
RUNNER              150 6/28 CBS/USG           WS50      TRAFIGURA
KARVOUNIS           150 6/29 CBS/USG           WS50      TRAFIGURA
SEOUL SPIRIT        147 6/27 ECMEX/SPAIN       WS35      REPSOL
DELTA SKY           130 7/07 BRAZIL/CHINA      WS62.5    PETROBRAS
NAUTILUS            130 7/07 BRAZIL/CHINA      WS62.5    PETROBRAS
COPPER SPIRIT       130 7/05 WAF/UKCM          WS62.5    TOTAL
MINERVA DOXA        130 7/07 WAF/UKC-MED       WS59-60   UNIPEC
CAP PHILLIPE        130 7/15 WAF/AUSTRALIA     WS75      CHEVRON – RPLC
WHITE MOON          135 6/29 SKERIR/SPAIN      WS57.5    REPSOL
MALIBU              135 6/29 CPC/MED           RNR       LITASCO
BESIKTAS DARDANELES 135 7/07 BKSEA/UKCM        WS72.5    CHEVRON
MINERVA MARINA      140 7/03 NOVO/WCINDIA      LS$1.575M LITASCO


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.