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

RATE ESTIMATES
————–
CARIBS/USG  50 WS125   STEADY
CARIBS/USWC 50 WS140   STEADY
WCSA/USWC   50 WS110   SOFT
CONT/TA     55 WS105   SLOW
USG/UKCM    50 WS100   STEADY

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**FIXTURES**
**********************************************************************
VESSEL             CGO  DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 29, 2017
AURORA N            55 10/04 SKAW/USG-USAC     WS102.5   BP – *WS107.5 FOR USAC*

MARKET FIXTURES SEPTEMBER 28, 2017
POLYIAGOS           50  9/30 ECMEX/USG         WS130     PMI
TAVROPOS            50 10/02 C.B.C./USAC-OPTS  WS137.5   ST SHIPPING
ENERGY CENTAUR      50  9/28 USG/VENEZUELA     RNR       VITOL
CAPE TROY           55  DNR  UKC/TA            WS105     VALERO
ENERGY CONQUEROR    55 10/06 CONT/USG          WS112.5   LITASCO
STENA PRESIDENT     45 10/08 ARA/BRAZIL        WS162.5   PETROBRAS
ENERGY CHAMPION     55 10/19 ARA/USAC-USWC     WS105     CLEARLAKE – *WS117.5 FOR USWC*

MARKET FIXTURES SEPTEMBER 27, 2017
MINERVA RITA        35  9/30 BAHAMAS/BERMUDA   LS$290K   SHELL
KYRIAKOULA          50 10/02 CBS/BRAZIL        WS125     PETROBRAS
MINERVA XANTHE      45 10/06 SKAW/MED-L.PALMAS WS115-125 VITOL

MARKET FIXTURES SEPTEMBER 26, 2017
ENERGY CHALLENGER   55 10/11 ARA/USG-USAC      WS110-115 TOTAL
GENER8 COMPANION    55 10/06 CONT/TA           WS107.5   ST SHIPPING – *FAILED*

MARKET FIXTURES SEPTEMBER 25, 2017
KING DUNCAN         50  PPT  USG LTRG          $22KPD    OSGL
ANTIMILOS           50 10/03 USG/WCPANAMA      WS120     PMI
XANTHOS             55 10/10 TEMA/USG-UKCM     WS125-130 PHILIA

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.