Suezmax Market Report – Week of August 28 – September 1, 2017

RATE ESTIMATES

150 CBS/USG…..W75      – POISED     TCE: $16600
130 CBS/SPORE…LS$2.3M  – POISED     TCE: $14800
130 WAF/USG…..W67.5    – FIRM       TCE: $12600
130 WAF/UKC-MED.W72.5    – FIRM       TCE: $9800
135 NSEA/TA…..W52.5    – FLAT       TCE: $8800
135 S.KERIR/MED.W72.5    – SOFT       TCE: $8800
140 BLKSEA/UKCM.W75      – SOFT       TCE: $5750
130 MED/TA……W52.5    – FLAT       TCE: $7950

DEMURRAGE:
$25,000 (WAF/US-UKC-MED)
$25,000 (CBS/USG)
$25,000 (BKSEA) {BLACK SEA
CLAUSE TO APPLY}

**CARGOES**     

BP          130 USG/WCINDIA-SPORE   9/10-15
TRAFIGURA   130 USG/SPORE           9/10TH
SHELL       150 COVENAS/OPTS        9/12TH
TOTAL       130 WAF/UKCM            9/21-23
VITOL       130 WAF/UKCM            9/21ST
EXXONMOBIL  130 WAF/UKCM            9/17-18
ENGEN       130 WAF/DURBAN          9/26-27
MERCURIA    130 WAF/UKCM-S.AFRICA   9/19-20
ST SHIPPING 130 MED/EAST           9/05TH
NEWTON      130 STS MED/EAST        9/15-17
TRANSWAY    140 NOVO/UKCM           9/15-17
TRAFIGURA   130 UST LUGA/USG        9/10-14
LITASCO     130 RDAM/LOME           9/07-09

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**FIXTURES**
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VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 01, 2017

RIDGEBURY CP DROGIN 130 10/08 COVENAS/SPORE     LS$2.3M   UNIPEC – *LS$2.8M FOR CHINA*
KARVOUNIS           130  9/12 CBS/EAST          RNR       VITOL
CAPE BAXLEY         130  9/18 WAF/EAST          WS77.5    BP
UNITED LEADERSHIP   130  9/16 STS MALTA/SPORE   LS$1.85M  NEWTON

MARKET FIXTURES AUGUST 31, 2017
ALMI GALAXY         130 9/08 USG STORAGE       $23KPD    LUKOIL

GENMAR MANIATE      150 9/15 COVENAS/USG       WS70      TRAFIGURA
SEAVIGOUR           130 9/15 WAF/USG-USAC      WS59-61.5 ST SHIPPING
SONANGOL MAIOMBE    130 9/17 WAF/USAC          WS60      VITOL
FINESSE             130 9/21 WAF/ECC-USAC      WS70-RNR  PHILLIPS 66
MONTE TOLEDO        130 9/11 UST LUGA/USG-USAC WS52.5-55 TRAFIGURA
FRONT CORAL         130 9/11 RDAM/SPORE        LS$1.95M  VITOL
HEYDAR ALIYEV       130 9/08 BALTIC/SPORE-FUJ  O/P       UML

MARKET FIXTURES AUGUST 30, 2017
SEARACER            130 9/10 USG/SPORE         LS$2.05M  TRAFIGURA

SCF SAMOTLOR        147 9/05 ECMEX/SPAIN       WS45      REPSOL
EUROPEAN SPIRIT     130 9/11 ECMEX/DAESAN      LS$2.575M HOB
MARE DORICUM        130 9/11 WHIFFENHEAD/USAC  WS60      PES
CHAFA               130 9/06 SKERIR/FEAST      LS$2.05M  UNIPEC
AEGEAN MARATHON     135 9/13 BKSEA/UKCM        WS77.5    VITOL
GEORGE S OO         130 9/10 STS MALTA/USG     RNR       NEWTON
DECATHLON           135 9/14 CPC/UKCM          WS77.5    CHEVRON
MILOS               140 9/13 NOVO/OPTS         WS75      LITASCO
ANTARCTIC           140 9/13 NOVO/UKCM         RNR       LITASCO
VILAMOURA           140 9/03 NOVO/UKCM-EAST    WS90-RNR  UNIPEC – *FAILED*

MARKET FIXTURES AUGUST 29, 2017
DA LI HU            130 9/06 TEXAS/SPORE       LS$1.95M  ENOC

FELICITY            130 9/10 BRAZIL/SPORE      WS70      REPSOL
CAP LARA            130 9/05 BRAZIL/USG-USWC   RNR       SHELL
PHAETHON            130 9/12 WAF/UKCM          WS60      SHELL
TONY OO             130 9/20 WAF/CHINA         WS72.5    CHEVRON
CAPE BALDER         130 9/16 CEYHAN/CHENNAI    LS$1.49M  IOC
EUROGLORY           140 9/19 NOVO/ECINDIA      LS$1.8M   IOC
EVRIDIKI            130 9/05 UST LUGA/USG      WS52.5    TRAFIGURA
AEGEAN VISION       135 8/30 RDAM/SPORE        LS$1.9M   TOTAL

MARKET FIXTURES AUGUST 28, 2017
SCF PRIMORYE        147 8/28 ECMEX/SPAIN       WS45      REPSOL

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.