Suezmax Market Report – Week of September 11-15, 2017

RATE ESTIMATES

————–
150 CBS/USG…..W87.5    – POISED     TCE: $22300
130 CBS/SPORE…LS$2.45M – POISED     TCE: $22600
130 WAF/USG…..W68.5    – SLOW       TCE: $11800
130 WAF/UKC-MED.W72.5    – SLOW       TCE: $9300
135 NSEA/TA…..W60      – FIRM       TCE: $9200
135 S.KERIR/MED.W82.5    – POISED     TCE: $9600
140 BLKSEA/UKCM.W85      – POISED     TCE: $8850
130 MED/TA……W55      – POISED     TCE: $7950

DEMURRAGE

$30,000 (WAF/US-UKC-MED)
$35,000 (CBS/USG)
$30,000 (BKSEA) {BLACK SEA
CLAUSE TO APPLY}

**CARGOES**

RELIANCE    130 USG/WCINDIA         09/29-30
MERCURIA    130 USG/TA              10/26-27
CHEVRON     130 ECMEX/USWC          09/25-30
SHELL       130 CBS/USG-CHIRIQUI    09/21-22
PES      80/130 ECC/USAC            09/23-24
REPSOL      130 BRAZIL/OPTS         10/19TH
PETROBRAS   130 BRAZIL/CHILE-FEAST  10/01-02
TRAFIGURA   130 WAF/EAST            09/26TH
PETROGAL    130 WAF/UKCM            10/05TH
MERCURIA    130 MELLITAH/USG-USAC   10/02-05
CHEVRON     135 CPC/OPTS            10/01ST
SOLAL       135 BKSEA/EAST          09/30TH
CHEVRON     135 CPC/UCKM            10/01ST
ROSENEFT    140 NOVO/MED-UKCM-EAST  09/27-29
CLEARLAKE   130 BALTIC/USG          09/20-25

************
**FIXTURES**
***********************************************************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 15, 2017
AMORE MIO II        147  9/21 ECMEX/SPAIN       WS55      REPSOL – DENIED
ANTIGUA I           130 10/06 WAF/FEAST         WS78.75   TOTAL
ADVANTAGE STAR      130  9/24 KRIBI/OPTS        O/P       SHELL
NAUTILUS            130  9/26 SALDANHA/DURBAN   LS$525K   TOTAL
SCF BAIKAL          130  9/30 AKPO/UKCM-USAC    WS72.5-70 SHELL
DENSA ORCA          130 10/01 WAF/SPAIN         WS71.25   REPSOL
SCF SAYAN           100  9/22 SKERIR/AUGUSTA    WS105     EXXONMOBIL
FAITHFUL WARRIOR    130  9/30 TAMAN/EAST        RNR       ST SHIPPING
RIDGEBURY ALINA I   130  9/21 ARZEW/UKC-ECC     WS67.5-55 VALERO – *REPLACE SCF SAYAN*
ALTEREGO            130  9/21 SKERIR/TURKEY     WS87.5    UNIPEC

MARKET FIXTURES SEPTEMBER 14, 2017
SUEZ RAJAN          130   PPT USG/EAST          LS$2.4M   BP – *FAILED*

MARAN PLATO         130  9/27 USG/SPORE         LS$2.4M   PHILLIPS 66
EAGLE SAN DIEGO     130   PPT USG STORAGE       RNR       MOTIVA
CHIOS               130 10/09 BRAZIL/CHINA      WS72.5    UNIPEC
SUEZ GEORGE         130  9/25 WAF/USAC-ECC      RNR       SHELL
SEOUL SPIRIT        130 10/05 WAF/USAC-USG      WS70-RNR  TOTAL
DELTA OCEAN OO      130  9/26 S.AFRICA/UKCM     WS60      TOTAL
SCF SAYAN           130  9/21 ARZEW/UKCM-ECC    WS67.5-55 VALERO
FOURSMILE          PC80  9/29 NOVO/UKCM         RNR       URSA
BESIKTAS BOSPORUS   140  9/27 NOVO/UKCM-EAST    WS85-RNR  NEWTON
KRITI ISLAND        130  9/20 KAVKAZ/SPORE      RNR       DUKKAR
ZARIFA ALIYEVA      130  9/22 LIBYA/MED         WS75      REPSOL (AFRA STEM)
BESIKTAS DARDANELES 130  9/26 RDAM/LOME         WS52.5    TRAFIGURA

MARKET FIXTURES SEPTEMBER 13, 2017
AST SUNSHINE        150  9/25 USG/CHINA         LS$2.85M  OCCIDENTAL

STENA TBN           130  9/22 ECMEX/SPORE       LS$2.4M   UNIPEC
CE-BERMUDA          147  9/20 ECMEX/SPAIN       RNR       CEPSA
EUROVISION          147  9/18 ECMEX/SPAIN       WS52.5    REPSOL
ATINA               150  9/24 CROSS CBS         WS90      CHEVRON
CHEROKEE            150  9/25 COVENAS/SPORE     LS$2.425M VITOL
SOUNION             130 10/01 WAF/UKCM          WS73.5    TOTAL
RIO SPIRIT OO       130  9/25 FORCADOS/UKCM-USG RNR       EXXONMOBIL
JAG LAKSHYA         130 10/11 BONNY/MUMBAI      LS$1.89M  BPCL
FRIO                130  9/25 WAF/UKCM          WS72.5    TOTAL
AEGEAN DREAM        135  9/29 CPC/UKCM          WS87.5    KMG
ALTEREGO II         140  9/27 NOVO/UKCM-EAST    WS85-RNR  NEWTON
LENI P              135  9/19 MONGSTAD/USG      WS53.75   STATOIL

MARKET FIXTURES SEPTEMBER 12, 2017
DA LI HU            130  9/19 USG/WCI-SPORE     LS$2.45M  ENOC – *LS$2.9 FOR SPORE*
ASTRA               130  9/16 ECMEX/USWC        LS$2.9M   PHILLIPS 66
ALASKA              150  9/20 COVENAS/CHIRIQUI  WS87.5    SHELL
ZOUZOU N            130 10/10 WAF/VADINAR       LS$1.89M  IOC
LEONID LOZA         130  9/26 WAF/SPAIN         WS75      REPSOL
PEGASUS             130 10/02 WAF/UKCM          RNR       TOTAL
MINERVA VERA        130  9/23 UST LUGA/USG      WS57.5    TRAFIGURA

MARKET FIXTURES SEPTEMBER 11, 2017
CAPE BASTIA         130  9/XX ECMEX/USWC        LS$2.9M   CHEVRON
DELTA EURYDICE      130  9/19 BULLEN BAY/EAST   LS$2.4M   ST SHIPPING (REPLACED ALASKA)     
EAGLE SAN PEDRO     130  9/25 PALANCA/SPORE     LS$1.0M   PMI – *FAILED*
DELTA HARMONY       130  9/22 WAF/EAST          WS85      SHELL
MILTIADIS M II      135  9/22 CEYHAN/WCINDIA    LS$1.975M BPCL
CAPE BONNY          135  9/30 CPC/UKCM          WS82.5    LITASCO
MILOS               140  9/29 NOVO/UKCM         WS85      TRANSWAY
S’NGOL PORTO AMBOIM 145  9/21 RDAM/USG          WS52.5    BP

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.