VLCC Market Report – Week of September 18-22, 2017

RATE ESTIMATES
————–
AG/USG    : 280 X W23.5   – STEADY TCE= $11000.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG  : 260 X W50     – STEADY TCE= $18200.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST : 260 X W47.5   – STEADY TCE= $17900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE: 270 – LS3.2M  – ACTIVE TCE= $29900.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE : 270 – LS3.9M  – ACTIVE TCE= $36500.00 (USG – SPORE – RAS TANURA)
CBS/SPORE : 270 – LS3.95M – ACTIVE TCE= $32100.00 (CBS – SPORE – RAS TANURA)

DEMURRAGE……..:

LOADING WEST AFRICA: $25,000 BASIS USG/UKCM : $20,000 BASIS FEAST
LOADING US GULF/CBS: $35,000
LOADING CONT/NSEA..: $30,000

CARGOES……….:

EXXONMOBIL  VLCC WAF/EAST           10/20-23
CHEMCHINA   VLCC LA PALOMA/CHINA    10/22-25

FIXTURES
********************************************************************
VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 22, 2017
MARINA              260 10/19 WAF/CHINA          WS51.5    CNOOC

MARKET FIXTURES SEPTEMBER 21, 2017
TAQAH              275 10/12 CBS/WCINDIA         LS$3.0M   ESSAR
POLYMNIA I         260 10/11 BRAZIL/CHINA        WS49.75   PETROBRAS
STARLIGHT VENTURE  260 10/23 URUGUAY/CHINA       WS49.5    CHEMCHINA
AGIOS SOSTIS I     260 10/23 WAF/CHINA           WS50      DAY HARVEST
KALYMNOS           260 10/14 WAF/EAST            WS46.5    STATOIL
DABA               280 10/15 H.POINT/EAST        RNR       SHELL

MARKET FIXTURES SEPTEMBER 20, 2017
SVET               270 10/17 CBS/SPORE-CHINA     O/P       GLASFORD
DESH VAIBHAV       260 10/20 CLOV+AKPO/PARADIP   LS$2.25M  IOC

MARKET FIXTURES SEPTEMBER 19, 2017
NEW ACHIEVEMENT     270 10/25 CBS/CHINA          RNR       PETROCHINA
NEW CONSTANT        270 10/18 CBS/CHINA          RNR       PETROCHINA
COSJADE LAKE        270 10/24 CBS/CHINA          COA       PETROCHINA
DHT UTAH            260 10/18 WAF/EAST           RNR       STATOIL – *FAILED*

MARKET FIXTURES SEPTEMBER 18, 2017
ECO FUTURE          270 10/02 USG/SPORE          LS$3.8M   TRAIGURA
SEAPASSION OO       260 10/01 WAF/EAST           WS47      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 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.