VLCC Market Report – Week of November 6-10, 2017

November 13, 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

PETROCHINA VLCC USG-CBS/EAST       END/ELY
CLEARLAKE   VLCC H.POINT/EAST       11/29-30
PETROINEOS VLCC WAF/UKCM-EAST      12/01-05
ESSAR       VLCC ECMEX/WCINDIA      12/05-10

FIXTURES
********************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE     RATE     CHARTERER
MARKET FIXTURES NOVEMBER 10, 2017
MERCURY HOPE        260 12/06 BRAZIL/FEAST      WS67      PETROBRAS
DHT AMAZON          260 12/08 WAF/EAST          O/P       TOTAL
SKOPELOS            260 12/08 WAF+WAF/VADINAR   LS$3.185M IOC|
FRONT ENDURANCE     260 12/14 WAF/WCINDIA-EAST WS74.5    TOTAL – *WS69.5 FOR EAST RANGES*
DS VALENTINA        270 12/06 ARZEW/FEAST       RNR       LORD ENERGY

MARKET FIXTURES NOVEMBER 09, 2017
SEAWAYS MULAN 260 12/04 BRAZIL/WCI-EAST WS60.5 PETROBRAS

MARKET FIXTURES NOVEMBER 08, 2017
NOTHING FRESH…

MARKET FIXTURES NOVEMBER 07, 2017
WU TAI SAN          260 12/08 WAF/CHINA         WS70.5    UNIPEC
NEW SUCCESS         260 12/03 WAF/CHINA         COA       UNIPEC
YUAN HUA HU         260 12/01 WAF+WAF/PARADIP   LS$3.35M IOC
HEDY                280 11/26 RDAM/SPORE        LS$3.45M UML

MARKET FIXTURES NOVEMBER 06, 2017
MERCURY HOPE 260 12/02 WAF/CHINA WS70 UNIPEC – *FAILED*
XIN TONG YANG 260 12/01 WAF/CHINA COA UNIPEC

LAST FRIDAYS FIXTURES
SEAWAYS TANABE 265 11/20 ARZEW/SKOREA LS$4.75M TRAFIGURA

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.