VLCC Market Report – Week of July 17-21, 2017

July 26, 2017

RATE ESTIMATES
————–
AG/USG:      280 X W25    – STEADY TCE= $13800.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG:     260 X W55     – STEADY TCE= $19600.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST:    260 X W52.5 – STEADY  TCE= $17900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE:   270 – LS2.6M – SOFT   TCE= $23000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE:    270 – LS3.4M – FLAT TCE= $32000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE:    270 – LS3.45M – FLAT    TCE= $29000.00 (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/SHALUNG 8/10-14
SHELL VLCC H.POINT/SKOREA 8/05-10

FIXTURES
********************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JULY 21, 2017
AQUILA              275 8/03 CBS/SPORE         LS$2.6M KOCH

MARKET FIXTURES JULY 20, 2017
ANTARES VOYAGER     260 8/15 URUGUAY/EAST      RNR       SHELL
DHT CONDOR          260 8/20 WAF/EAST          O/P       STATOIL
NEW COURAGE         260 8/19 WAF/CHINA         COA       UNIPEC
NEW CONSTANT        260 8/17 WAF/CHINA         COA       UNIPEC

MARKET FIXTURES JULY 19, 2017
JALADI              275 7/30 CBS/SPORE-NINGBO RNR       PETROCHINA
OLYMPIC LUCK        270 8/10 COVENAS/SPORE     LS$3.2M   UNIPEC
COSGOLD LAKE        260 8/16 WAF/CHINA         WS55      PETROINEOS
FPMC C NOBLE        260 8/16 WAF+WAF/PARADIP   LS$2.45M IOC
XIN LIAN YANG      260 8/05 CEYHAN/TAIWAN     O/P       UML
GENER8 ETHOS        270 8/01 STS MALTA/SPORE   LS$2.5M   LITASCO

MARKET FIXTURES JULY 18, 2017
FRONT EMEINENCE     260 8/13 WAF+WAF/WCINDA    LS$2.6M   IOC
ATHENIAN SUCCESS    260 8/14 WAF/CHINA         WS56      UNIPEC
MAERSK HEIWA        260 8/16 WAF/CHINA         WS56      UNIPEC
XIN LIAN YANG       270 8/01 RDAM/SPORE        LS$2.7M   PETROINEOS – *FAILED*
AMBER               270 7/25 RDAM/SPORE        LS$2.5M   SOCAR – *FAILED*

MARKET FIXTURES JULY 17, 2017
MAERSK HEIWA        260 8/16 WAF/CHINA         WS56      UNIPEC

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.