VLCC Market Report – Week of July 10-14, 2017

July 21, 2017

RATE ESTIMATES
————–
AG/USG:      280 X W25    – STEADY TCE= $13800.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG:     260 X W57.5   – STEADY TCE= $26600.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST:    260 X W55 – STEADY  TCE= $25900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE:   270 – LS2.6M – SOFT   TCE= $29000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE:    270 – LS3.4M – FLAT TCE= $39000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE:    270 – LS3.45M – FLAT    TCE= $37000.00 (CBS – SPORE – RAS TANURA)

DEMURRAGE……..:
LOADING WEST AFRICA: $35,000 BASIS USG/UKCM : $30,000 BASIS FEAST
LOADING US GULF/CBS: $30,000
LOADING CONT/NSEA..: $25,000

CARGOES……….:

SOCAR       VLCC CEYHAN/TAIWAN      8/03-06
UNIPEC      VLCC CBS/FEAST          8/10-15
BP          VLCC H.POINT/EAST       8/10-15

FIXTURES
********************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JULY 14, 2017
AMBER               270 7/24 RDAM/SPORE        LS$2.5M   UML
XIN LIAN YANG       270 8/01 RDAM/SPORE        LS$2.7M   PETROINEOS

MARKET FIXTURES JULY 13, 2017
NEW VOYAGE          270 7/25 CBS/EAST          RNR       SHELL
OCEAN LILY          260 7/13 WAF/CHINA         O/P       DAY HARVEST
GENER8 OCEANUS      270 7/25 STS MALTA/SPORE   LS$2.85M LITASCO
GENER8 SUPREME      270 7/28 H.POINT/SKOREA    LS$3.8M   ST SHIPPING

MARKET FIXTURES JULY 12, 2017
GENER8 HECTOR       260 8/07 BRAZIL/WCINDIA    WS58      PETROBRAS
AMCL                260 8/10 WAF/CHINA         COA       UNIPEC
NEW TRIUMPH         270 7/30 RDAM/SPORE        LS$2.75M CLEARLAKE

MARKET FIXTURES JULY 11, 2017
OLYMPIC LUCK        270 8/12 CBS/CHINA         LS$4.3M   UNIPEC
NEW MERIT           260 8/06 WAF/CHINA         COA       UNIPEC

MARKET FIXTURES JULY 10, 2017
GENER8 ZEUS         270 8/12 ECMEX/JAPAN       RNR      COSMO
ATHENIAN HARMONY    260 8/10 WAF/EAST-CHINA    WS62-60   CLEARLAKE

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.