Suezmax Market Report – Week of August 21-25, 2017

RATE ESTIMATES
————–
150 CBS/USG…..W57.5    – STEADY     TCE: $6200
130 CBS/SPORE…LS$2.0M  – STEADY     TCE: $10000
130 WAF/USG…..W55      – SOFT       TCE: $7300
130 WAF/UKC-MED.w60      – SOFT       TCE: $4800
135 NSEA/TA…..W52.5    – FLAT       TCE: $8600
135 S.KERIR/MED.w71      – SOFT       TCE: $8800
140 BLKSEA/UKCM.W72.5    – SOFT       TCE: $4900
130 MED/TA……W50      – SOFTER     TCE: $7700 

DEMURRAGE
———

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

**CARGOES**     

CHEVRON     150 DOS BOCAS/USWC      8/29-31
COMOTRANS   130 OKWORI/OPTS         9/11-12
SHELL       135 CPC/UKCM-EAST       9/07TH
CEPSA       135 WCNORWAY/SPAIN      9/10-12

************
**FIXTURES**
***********************************************************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES AUGUST 25, 2017
MARE PICENUM        130 9/18 WAF/EAST          WS71.25   TOTAL

AFRICAN SPIRIT      130 9/11 WAF/EAST          WS70      SHELL
FRONT BRAGE         130 9/16 WAF/TEXAS         WS55      ST SHIPPING

MARKET FIXTURES AUGUST 24, 2017
NORDIC VEGA         150 9/03 COVENAS/USG       WS55      SHELL

ICE TRANSPORTER     130 9/24 WAF/OZ-EAST       WS75-72.5 AMPOL
NELL JACOB OO       130 9/11 WAF/UKCM          WS60      BP
SEAVIGOUR           130 9/09 WAF/UKCM          WS60      SHELL
LIBYA               130 9/12 RAS LANUF/BANGKOK LS$2.0M   ENI

MARKET FIXTURES AUGUST 23, 2017
FINESSE             130 9/03 USAC/SPORE        LS$1.925M SHELL

CE-HAMILTON         147 9/02 ECMEX/SPAIN       WS45      REPSOL
DA LI HU            130 9/02 CBS/SPORE         LS$1.9M   ENOC
EXPLORER            130 9/09 MALONGO/DURBAN    WS72.5    ENGEN
STENA SURPRISE      130 9/10 WAF/SPAIN         RNR       CEPSA
PENTATHLON          130 9/12 WAF/UKCM          WS60      TOTAL
MAX JACOB           130 9/06 STS MED/SPORE     LS$1.6M   ENOC
BESIKTAS BOSPORUS   135 9/08 CPC/UKCM          WS77.5    CHEVRON
TRIATHLON           135 DNR  CPC/UKCM          WS77.5    CHEVRON
TEEKAY TBN          135 9/04 BKSEA/SPORE       LS$2.7M   CHEVRON
GENER8 KARA G       130 8/29 RDAM/USG          WS52.5    BP
LOS ANGELES SPIRIT  130 9/07 RDAM/LOME         WS47.5    VITOL

MARKET FIXTURES AUGUST 22, 2017
YANNIS P            140 9/07 CBS/USG-TA        WS57-49   VITOL

ASTRO PHOENIX       130 9/03 BRAZIL/OPTS       RNR       SHELL
NORDIC APOLLO       130 9/06 WAF/UKCM-ECC      WS67.5    VALERO – *WS62.5 FOR ECC*
ASTRO POLARIS       130 9/02 SALDANHA BAY/RDAM WS57.5    TOTAL
UNITED IDEAL        130 9/05 GHANA/USG         WS57.5    SHELL
FRONT CROWN         130 9/08 NIGERIA/USAC      WS62.5    MONROE
ERVIKEN             130 9/02 SKERIR/SPAIN      WS70      REPSOL
MINERVA MARINA      130 8/29 LIBYA-ARZEW/UK    WS75      ST SHIPPING
BAKER SPIRIT        135 9/02 CPC/SKOREA        LS$2.7M   SHELL
MOSCOW SPIRIT       130 8/28 UST LUGA/USG      WS55      TRAFIGURA

MARKET FIXTURES AUGUST 21, 2017
SUEZ RAJAN          147 8/30 ECMEX/SPAIN       WS45      REPSOL

RIO GRANDE          130 9/05 WAF/OPTS          RNR       CHEVRON
FRONT CLASSIC       130 9/08 WAF/UKCM          WS62.5    CEPSA
COLORADO            130 9/03 WAF/UKCM          WS65      TOTAL
SCF KHIBINY         130 9/06 WAF/UKCM          WS62.5    REPSOL
NORDIC POLLUX       130 9/03 NOVO/UKCM         WS75      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 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.