Aframax Market Report – Week of July 3-7, 2017

RATE ESTIMATES
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70  CBS/USG:      WS90      QUIET
80  CROSS MED:    WS72.5    ON LIFE SUPPORT
80  BKSEA/MED:    WS77.5    ON LIFE SUPPORT
80  NSEA/UKC:     WS90      FLAT
100 PRIMORSK/UKC: WS67.5    FLAT

DEMURRAGE.(US):    $19,000.00 PD+/-
DEMURRAGE.(UKC/M): $20,000.00/18,000.00 PD+/-
USG LIGHTERING:    $18,500.00 PD+/- MIN 3DAYS/ONE LIGHTERING – ???

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**FIXTURES**

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VESSEL              CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES JULY 07, 2017
OVERSEAS FRAN        70 7/12 ECMEX/USG         WS82.5   EXXONMOBIL

RIVERSIDE            70 7/22 VENEZ/SPORE       LS$1.85M ST SHIPPING
NAVIG8 TBN           80 8/02 WAF/SIKKA         LS$1.4M  RELIANCE
MAERSK JEDDAH        80 DNR  BKSEA/MED         WS80     OILMAR
IZUMO PRINCESS       80 7/18 CEYHAN/MED        WS80     UML
MINERVA NOUNOU       80 7/14 LIBYA/USAC-ECC    WS70     ENI – *WS72.5 FOR ECC*
ATLANTIC EXPLORER    85 7/19 CPC/UKC-MED       WS65-57  KMG
SEASENATOR           85 7/16 ZAWIA/FOS         WS77.5   CHEVRON
BLACKCOMB SPIRIT    100 7/16 UST-LUGA/UKC      WS62.5   VITOL

MARKET FIXTURES JULY 06, 2017
AEGEAN BLUE          80 7/15 SUPSA/MED         WS70     UML

MARATHA              80 7/15 LIBYA/MED         WS75     UNIPEC
ARIES SUN            80 7/12 CPC/MED           RNR      LITASCO
NIKOLAY ZUYEV        80 7/12 CPC/MED           WS75     EXXONMOBIL
MAERSK PEARL         80 7/12 SKERIR/BUTINGE    LS$500K  PKN ORLEN
PAMISOS             100 7/16 BKSEA/TA          WS55     VITOL
ORCHID              100 7/14 BALTIC/UKC        WS65     BP

MARKET FIXTURES JULY 05, 2017
PHOENIX BEACON       80 7/17 CPC/MED           WS70     CHEVRON

NISSOS SCHINOUSSA    80 7/18 CPC/TRIESTE       WS70     VITOL
UNITED JOURNEY       80 7/16 SKERIR/MANGALORE  LS$969K  MRPL
YASA GOLDEN MARMARA  80 7/14 ZAWIA/UKCM        RNR      REPSOL
AGARI                80 7/12 ALGERIA/UKC-MED   WS62.5   ENI – *WS72.5 FOR MED*
GEMINI SUN           80 7/13 NOVO/UKCM         WS75     VITOL

NS CENTURY           80 7/15 NOVO/MED          WS70     LITASCO
NS LION              80 7/15 NOVO/MED          WS72.5   LITASCO
PETROZAVODSK         80 7/15 TUAPSE/MED        WS75     NEWTON
LITEYNY PROSPECT     80 7/12 WCNORWAY/UKC      WS85     EXXONMOBIL
MINERVA ATLANTICA    80 7/12 TEES/UKC          WS90     BP
SCF BALTICA         100 7/12 MURMANSK/UKC      COA      GAZPROM
PETROVSK            100 7/14 BALTIC/UKC        WS65     LITASCO

MARKET FIXTURES JULY 04, 2017
CALIDA               70 7/06 USG/UKC           WS67.5   VALERO

YASA GLDN BOSPHORUS  80 7/12 ZUETINA/MED       WS74.5   SARAS
NORDROSE             80 7/13 CPC/MED           WS77.5   CHEVRON
HS CARMEN           100 7/08 PRIMORSK/UKC      WS65     TOTAL

MARKET FIXTURES JULY 03, 2017
SAKURA PRINCESS      80 7/10 SKERIR/PORTUGAL   WS62.5   PETROGAL

EAGLE TORRANCE       80 7/13 FARWAY/SPAIN      WS75     REPSOL

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.