Panamax Market Report – Week of May 15-19, 2017

RATE ESTIMATES
————–
CARIBS/USG  50 WS115   STEADY
CARIBS/USWC 50 WS145   FIRM
WCSA/USWC   50 WS165   STEADY
CONT/TA     55 WS112.5 STEADY
USG/UKCM    50 WS97.5  STEADY

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**FIXTURES**
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VESSEL             CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES MAY 19, 2017
ENERGY COMMANDER    55 6/07 BALTIC/USG        WS117.5  SHELL
STENA PENGUIN       55 6/08 SCAN/USG-ECC      WS117.5  VITOL – *130 FOR ECC*

MARKET FIXTURES MAY 18, 2017
NAVE CETUS          50 5/21 USG/BAHAMAS       RNR      SHELL – *FAILED*

MARKET FIXTURES MAY 17, 2017
HELLESPONT PROGRESS 55 6/11 ANGOLA/USG        WS115    SONANGOL

MARKET FIXTURES MAY 16, 2017
AMAZON BRILLIANCE   55 6/10 SKIKDA/USG       WS112.5   BP
KEROS               55 6/05 SWEDEN/USG       WS112.5   PHILLIPS 66
CONFIDENCE          55 5/31 MED/BRAZIL       WS121.5   PETROBRAS

MARKET FIXTURES MAY 15, 2017
ST SHIPPING TBN     50 5/22 ECMEX/USG        WS115     CNR
SEAWAYS VISAYAS     55 6/04 SKIKDA/USWC      WS112.5   CHEVRON

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 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.