Aframax Market Report – Week of September 25-29, 2017

RATE ESTIMATES

70  CBS/USG……: WS142.5     ACTIVE
70  ECMEX/USG….: WS147.5     FIRM
80  CROSS MED….: WS97.5      SOFTENING
80  BKSEA/MED….: WS102.5     SOFTENING
80  MED/TA…….: WS92.5      SOFT

80  NSEA/UKC…..: WS105       ACTIVE
100 PRIMORSK/UKC.: WS82.5      ACTIVE

DEMURRAGE.(US)…: $27,000.00 PD+/-
DEMURRAGE.(UKC/M): $23,000.00/19,000.00 PD+/-
USG LIGHTERING…: $28,500.00 PD+/- MIN 3DAYS/ONE LIGHTERING – ???

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**FIXTURES**

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VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 29, 2017
PHOENIX ADMIRAL      70  9/29 USG LTRG          $29KPD    TEEKAY

MINERVA ANTARCTICA   70 10/04 CBS/USG           RNR       PHILLIPS 66
NS COMMANDER         70 10/06 ST.LUCIA/CORPUS   WS130     PETROBRAS
DREPANOS             70 10/08 ST.LUCIA/CORPUS   WS130     PETROBRAS
SEAPRINCESS          70 10/02 USG/ECC           WS118.75  OXY
ORCHID               80 10/18 WAF/UKC-MED       WS90      EXXONMOBIL
DUBAI GLAMOUR        80 10/12 NOVO-CPC/MED-CONT RNR       CHEVRON
OLIB                 80 10/12 NOVO-CPC/MED      RNR       CHEVRON
NS CAPTAIN           80 10/13 CPC/MED           RNR       VITOL
PETROPAVLOVSK        80 10/15 CPC/AG            LS$1.75M  VITOL
NEW AMORGOS          80 10/12 CROSS TUNISIA     LS$200K   AMC
AEGEAN FAITH         80 10/07 ES SIDER/MED      WS97.5    OMV
LIBRA SUN            80 10/10 ALGERIA/EAST      LS$2.0M   TOTAL
SOLVIKEN             80 10/04 TEES/UKC          WS102.5   ST SHIPPING
JAG LAXMI           100 10/06 BALTIC/MED        WS72.5    VITOL

MARKET FIXTURES SEPTEMBER 28, 2017
NS COMMANDER         70 10/02 COVENAS/USG       WS142.5   VITOL – *FAILED*
GRIMSTAD             70  PPT  USG LTRG          $29KPD    TEEKAY

BRITISH RESOURCE     70 10/10 ST.LUCIA/CORPUS   WS130     PETROBRAS
NS CAPTAIN           80 10/13 CPC/MED           RNR       VITOL
CARMEL               80  DNR  M.E.HARIGA/MED    WS97.5    ST SHIPPING
AEGEAN NOBILITY      80 10/06 SUPSA/MED         WS97.5    UML
GEMINI SUN           80 10/09 CPC/MED           WS90      CHEVRON
NISSOS THERASSIA     80 10/11 BKSEA/MED         WS95      CHEVRON
PANAGIA ARMATA       80 10/09 NOVO/UKCM         RNR       KMG
SEASPRITE            80 10/09 NOVO/MED          WS95      TRAFIGURA
KRONVIKEN            80 10/03 TEES/UKC          WS102.5   ST SHIPPING

MARKET FIXTURES SEPTEMBER 27, 2017
KANPUR               70  PPT  USG LTRG          $29.5KPD  PHILLIPS 66

ASPACIA LEMOS        80 10/04 SKERIR/USG        WS97.5    PETRACO
MAERSK PEARL         80 10/04 BKSEA/MED         RNR       NEWTON
STRIDE               80 10/03 CEYHAN/MED        WS95      CNR
VALFOGLIA            80 10/02 ZAWIA/SPAIN       RNR       REPSOL
BLUE PRIDE           80 10/03 NSEA/UKC          WS105     LITASCO
DAYTONA             100 10/03 BALTIC/UKC-MED    WS82.5    LITASCO – *WS77.5 FOR MED*

MARKET FIXTURES SEPTEMBER 26, 2017
KAZAN                70  9/28 ECMEX/USG         RNR       HOUSTON REFINING

KRYMSK               70  9/29 ECMEX/USG         RNR       SHELL
BERGINA              70 10/01 PLC/USG           WS142.5   HOUSTON REFINING
PAMISOS              80  9/29 CORPUS/MILAZZO    WS90      ENI
URAGA PRINCESS       80 10/09 BAOBOB/UKCM       RNR       SHELL
TAURUS SUN           80  9/09 CPC/MED           RNR       LITASC
IZUMO PRINCESS       80 10/05 SKERIR/LEIXOES    WS77.5    PETROGAL
SIGNAL CHEETAH       80 10/08 CPC/UKC-MED       WS100     VITOL
LEO SUN              80 10/05 NOVO/UKCM         WS92.5    SHELL
SARPEN              100 10/04 UST LUGA/UKC      WS80      BP
HS TOSCA            100 10/03 BALTIC/UKC        WS82.5    VITOL
LITEYNY PROSPECT    100 10/04 UST LUGA/UKC      WS82.5    VITOL
FRONT OCELOT        100 10/06 BALTIC/UKC-MED    WS82.5    VITOL – *WS77.5 FOR MED*

MARKET FIXTURES SEPTEMBER 25, 2017
MARATHON TS          70  9/30 ECMEX/USG         WS150     MARATHON

DUBAI ANGEL          80 10/02 LIBYA/USG         WS105     VITOL
JAG LEELA            80 10/02 SP.MED/FUJAIRAH   LS$1.7M   PETROINEOS
MINERVA ELEONORA     90 10/03 BKSEA/TA          WS85      VITOL
AEGEAN POWER         80  9/28 CEYHAN/MED        WS110     STATOIL – RPLC
PENELOP             100 10/04 UST LUGA/UKC      WS80      VITOL
PETROVSK            100 10/02 BALTIC/UKC        WS80      SHELL

THANK YOU
PHIL – TANKSHIP

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