VLCC Market Report – Week of 16-20 October, 2017

RATE ESTIMATES
AG/USG    : 280 X W28.5   – STEADY
WAFR/USG  : 260 X W75     – FIRM
WAFR/EAST : 260 X W73.5   – FIRM
NSEA/SPORE: 270 – LS4.1M  – FIRM

USG/SPORE : 270 – LS4.4M  – FIRM
CBS/CHINA : 270 – LS5.3M  – FIRM

DEMURRAGE
LOADING WEST AFRICA: $45,000 BASIS USG/UKCM : $42,500 BASIS FEAST
LOADING US GULF/CBS: $47,500
LOADING CONT/NSEA..: $37,500

CARGOES

UML         VLCC URUGUAY/EAST-USWC  11/02-04 – WAS SHELL?
PETROCHINA  VLCC CBS/EAST           11/25-30
TOTAL       VLCC WAF/EAST           11/14TH
SHELL       VLCC S.AFRICA/USWC      11/02-04
ST SHIPPING VLCC H.POINT/SKOREA     11/15-17
STATOIL     VLCC WAF/EAST           11/18-20
MERCURIA    VLCC SALDANHA BAY/EAST  11/05-10
UNIPEC      VLCC WAF/CHINA          11/18-20 – SLD BBLS TO STATOIL
CNOOC       VLCC WAF/CHINA          11/07-09
SHELL       VLCC H.POINT/SPORE      11/12TH

FIXTURES
********************************************************************
VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES OCTOBER 20, 2017
GHINAH              270 11/28 VENEZ/WCINDIA     LS$4.0M   RELIANCE
DHT EAGLE           260 11/21 WAF/EAST          WS69.5    STATOIL (RE-FIXED)
SONIA               260 11/09 WAF/CHINA         WS72.5    DAY HARVEST
LUXE                270 11/19 ALGERIA/SKOREA    LS$4.2M   TRAFIGURA

MARKET FIXTURES OCTOBER 19, 2017
HERCULES I          270 11/20 USG/SPORE-CHINA   LS$4.2M   BP – *LS$5.2M FOR CHINA*
C.INNOVATOR         270 11/23 ECMEX/SKOREA      LS$5.2M   HOB

FRONT STRATUS OO    280  DNR  SKERIR/UKC-MED    WS68-71   BAHRI

MARKET FIXTURES OCTOBER 18, 2017
LULU                270 11/15 ECMEX/VADINAR     LS$3.7M   ESSAR

SHAYBAH             270 11/17 VENEZ/JAMNAGAR    LS$3.7M   RELIANCE
NEW TALISMAN        260 11/14 WAF/CHINA         WS73      CNOOC – *FAILED*

MARKET FIXTURES OCTOBER 17, 2017
GENER8 PERSEUS      270 11/13 USG/CHINA         LS$5.1M   ST SHIPPING
SHIRAGA             270 11/14 CBS/CHINA         LS$4.9M   PETROCHINA
DHT CONDOR          260 11/20 WAF/WCINDIA       LS$2.9M   RELIANCE
COSGRACE LAKE       260 11/11 WAF/CHINA         RNR       DAY HARVEST
EAGLE VENICE        280 10/29 STS MED/SPORE     LS$4.4M   UML

MARKET FIXTURES OCTOBER 16, 2017
BAHRI TBN           270 11/17 CBS/SPORE-CHINA   LS$4.1M   PETROCHINA – *LS$5.1M FOR CHINA*
DHT EAGLE           260 11/03 WAF/SPORE-CHINA   WS73.5    STATOIL – *FAILED*
LUCKY TRADER        260 11/05 WAF/SPORE-CHINA   WS75-72   TRAFIGURA

FRONT CIRCASSIA     260 11/15 AKPO+CLOV/PARADIP LS$3.425M IOC

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.