VLCC Market Report – Week of October 30-November 03, 2017

RATE ESTIMATES
AG/USG    : 280 X W27.5   – STEADY
WAFR/USG  : 260 X W73     – STEADY-ISH
WAFR/EAST : 260 X W70.5   – STEADY-SIH
NSEA/SPORE: 270 – LS4.2M  – FIRM-ISH
USG/SPORE : 270 – LS4.5M  – FIRM-ISH
CBS/CHINA : 270 – LS5.5M  – FIRM-ISH

DEMURRAGE
LOADING WEST AFRICA: $40,000 BASIS USG/UKCM : $37,500 BASIS FEAST
LOADING US GULF/CBS: $47,500+/-
LOADING CONT/NSEA..: $42,500+/-

CARGOES
UNIPEC      VLCC USG/SPORE-CHINA    END/ELY
PETROCHINA  VLCC USG-CBS/EAST       11/27-30
CLEARLAKE   VLCC H.POINT/EAST       11/29-30
UNIPEC      VLCC WAF/CHINA          12/01-03
UML         VLCC RDAM/SPORE         11/25-30

FIXTURES
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VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES NOVEMBER 03, 2017
SEAWAYS TANABE      265 11/20 ARZEW/SKOREA      LS$4.75M  TRAFIGURA

MARKET FIXTURES NOVEMBER 02, 2017
DORRA               270 12/06 CBS/SIKKA         LS$4.2M   ESSAR
SEA SLPENDOUR       260 12/01 WAF/CHINA         O/P       DAY HARVEST

MARKET FIXTURES NOVEMBER 01, 2017
EAGLE VICTORIA      270 11/30 CBS/JAMNAGAR      LS$4.1M   RELIANCE
NEW SUCCESS         260 11/26 WAF/CHINA         RNR       UNIPEC
GREEK WARRIOR       265 11/20 ARZEW/SKOREA      LS$4.5M   TRAFIGURA – *FAILED*
VICTORY I           270 11/18 STS MALTA/EAST    RNR       LITASCO
NEW VISTA           270 11/22 H.POINT/SKOREA    LS$5.3M   SHELL|
TEXAS               270 11/18 H.POINT/SKOREA    LS$5.4M   ST SHIPPING

MARKET FIXTURES OCTOBER 31, 2017
DYNACOM TBN         270 11/27 CBS/CHINA         LS$5.9M   PETROCHINA
ARGENTA             260 11/29 WAF/CHINA         WS72      TOTAL – RPLC
NEW RENOWN          260 11/24 WAF/CHINA         COA       UNIPEC

MARKET FIXTURES OCTOBER 30, 2017
ISLAND SPLENDOUR    260 11/23 WAF/CHINA         WS72.5    UNIPEC
ATHENIAN SUCCESS    260 11/24 WAF/CHINA         WS71.5    BP

LAST FRIDAYS FIXTURES
G.C.FUZHOU          270 11/24 USG/SPORE         LS$4.4M   OCCIDENTAL
EAGLE VIRGINIA      270  DNR  USG-CBS/SPORE     LS$4.15M  UNIPEC
GENER8 NAUTILUS     270 11/26 VENEZUELA/WCINDIA RNR       RELIANCE
DHT LOTUS           260 11/23 WAF/CHINA         WS72.5    CHEMCHINA
ATAKA               260 11/24 WAF+WAF/VADINAR   LS$3.1M   IOC
RIDGEBURY PURPOSE   265 11/21 ARZEW/SPORE       LS$2.9M   LITASCO?

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.