VLCC Market Report – Week of September 4-8, 2017

RATE ESTIMATES
————–
AG/USG    : 280 X W23.5   – STEADY TCE= $13200.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG  : 260 X W52.5   – STEADY TCE= $19800.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST : 260 X W50     – STEADY TCE= $16900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE: 270 – LS3.0M  – ACTIVE TCE= $27100.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE : 270 – LS3.5M  – ACTIVE TCE= $33000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE : 270 – LS3.55M – ACTIVE TCE= $30000.00 (CBS – SPORE – RAS TANURA)

DEMURRAGE……..:

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

CARGOES……….:
MOTIVA      VLCC/SMAX – USG STORAGE       PPT ON

FIXTURES
********************************************************************
VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 08, 2017
POLYMNIA I          260 10/03 WAF/EAST           WS50      BP
ZOURVA              270  9/28 H.POINT/SKOREA     LS$4.05M  ST SHIPPING
NEW JOVIALITY       270  9/30 SKAW/CHINA         RNR       UNIPEC
MANAH               275  9/21 UKC/SPORE          O/P       SHELL

MARKET FIXTURES SEPTEMBER 07, 2017
ASIA DAWN           270 10/02 DOS BOCAS/DAESAN   LS$4.9M   HOB
IRIS                260 10/05 BRAZIL/CHINA       WS47      PETROBRAS
SEA LEOPARD         260 10/08 WAF/CHINA          WS49      UNIPEC

MARKET FIXTURES SEPTEMBER 06, 2017
DS VADA             270  9/21 ALGERIA/SKOREA     LS$3.25M  LORD ENERGY
FRONT SIGNE         260 10/03 WAF/VADINAR        LS$2.275M IOC

MARKET FIXTURES SEPTEMBER 05, 2017
FRONT ARIAKE        260  9/30 WAF+WAF/PARADIP    LS$2.465M IOC
BIRDIE              260 10/10 WAF/FEAST          WS50      UML
DHT TIGER           260 10/08 WAF/CHINA          WS50      CNOOC

MARKET FIXTURES SEPTEMBER 04, 2017
TINAT               270  9/17 CBS/JAMNAGAR       LS$2.75M  RELIANCE
KHK VISION          260 10/04 WAF/CHINA          WS49      UNIPEC
E MEI SAN           260  9/27 WAF/CHINA          WS47      UNIPEC
LANDBRIDGE FORTUNE  260 10/04 WAF/TAIWAN         WS49      CPC

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.