Aframax Market Report – Week of July 24-28, 2017

RATE ESTIMATES
—————
70  CBS/USG:      WS102.5   ACTIVE
80  CROSS MED:    WS82.5    FLAT
80  BKSEA/MED:    WS87.5    FLAT
80  NSEA/UKC:     WS82.5    SOFT
100 PRIMORSK/UKC: WS60      SOFT

DEMURRAGE.(US):    $24,000.00 PD+/-
DEMURRAGE.(UKC/M): $18,000.00/21,000.00 PD+/-
USG LIGHTERING:    $17,500.00 PD+/- MIN 3DAYS/ONE LIGHTERING

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**FIXTURES**

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VESSEL              CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES JULY 28, 2017
MINERVA LISA         70 8/02 USG/ECC           RNR       OXY
AET TBN              70 8/03 CBS/USG           COA       CITGO
NAVIG8 TBN           70 8/XX BAJO GRANDE/OPTS  RNR       LUKOIL
GEORGY MASLOV        70 8/06 ECMEX/USG         WS102.5   CNR
LILLESAND            70 8/06 CBS/USG           RNR       PHILLIPS 66
LEO SUN              80 8/08 CPC/UKCM          WS85      VITOL
DELTA STAR           80 8/02 SKERIR/MED        WS80      ST SHIPPING
ABSHERON             80 8/06 SKERIR/MED        WS80      ENI
ALTHEA               80 8/06 ZUETINA/SARROCH   WS87.5    SARAS

EAGLE SAPPORO        80 8/04 ECUK/UKC          WS85      ST SHIPPING
ADVANTAGE AVENUE     80 8/02 FREDERCIA/UKC     RNR       MAERSK OIL
BRITISH EAGLE       100 8/08 PRIMORSK/UKC      WS60      TOTAL

MARKET FIXTURES JULY 27, 2017
MINDORO STAR         70 8/02 COVENAS/CHIRIQUI  WS85      UNIPEC
AMAZON BEAUTY        70 7/30 COVENAS/USG       RNR       TRAFIGURA (RPLC)
KRYMSK               70 8/02 COVENAS/OPTS      WS100     SHELL
ATLAS VOYAGER        80 8/04 SKERIR/GREECE     WS82.5    HELLENIC
MATTERHORN SPIRIT    80 8/03 WCNORWAY/UKC      WS92.5    PHILLIPS 66

MARKET FIXTURES JULY 26, 2017
STEMNITSA            70 8/02 JOSE/USG          WS105     HOUSTON REFINING
TEEKAY TBN           80 7/31 TEESPORT/UKC      WS92.5    VITOL
LEONTIOS H           80 7/30 CEYHAN/MED        O/P       STATOIL
NEW AMORGOS          80 8/03 ES SIDER/TRIESTE  WS85      UNIPEC
URAGA PRINCESS       80 8/04 ALGERIA/PORTUGAL  WS85      PETROGAL
STEALTH NORVIC       80 8/03 H.POINT/UKC       WS93.75   CLEARLAKE
BLUE PRIDE           80 8/01 TEES/UCK          WS92.5    VITOL
ATHINEA             100 8/01 BALTIC/UKC        RNR       ST SHIPPING

MARKET FIXTURES JULY 25, 2017
KRYMSK               70 7/26 USG LTRG          $16KPD    TEEKAY – *FAILED*
KAZAN                70 8/01 JOSE/USG          WS100     VALERO
ZALIV BAIKAL         70 8/01 JOSE/USG          WS100     VALERO
KALAMAS              70 7/31 ECMEX/USG         WS100     VALERO
VALLESINA            70 7/26 USG LTRG          $16KPD    CNR
ABLIANI              80 8/04 CPC/BKSEA-MED     RNR       KMG
NS LEADER            80 8/05 SKERIR/PORTUGAL   WS70      PETROGAL
RIDGEBURY ALICE M   100 8/03 BALTIC/UKC        WS67.5    UNIPEC

MARKET FIXTURES JULY 24, 2017
MINERVA CORALIA      70 7/27 CBS/USG           WS100     CITGO
ST HELEN OO SEAGRACE 80 7/30 CEYHAN/MED        WS90      STATOIL – *FAILED*
SEAOATH              80 7/26 FARWAH/MED-UKC    WS95-90   REPSOL
PERICLES             80 8/03 CPC/MED           WS90      CHEVRON
IZUMO PRINCESS       85 8/03 CPC/MED-UKC       WS93.75   KMG
SEASENATOR           90 8/01 ZAWIA/MED         WS80      REPSOL
FOUR WIND            80 7/31 TEES/SOUTHWOLD    WS92.5    VITOL
BRITISH EAGLE        80 7/29 FREDERICIA/PORVOO WS92.5    NESTE
SEAWAYS YOSEMITE    100 8/01 PRIMORSK/UKC      WS67.5    UNIPEC
DEEP BLUE           100 8/03 BALTIC/UKC        WS62.5    TOTAL

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.