Aframax Market Report – Week of April 24-28, 2017

MARKET DIRECTION UKC:      OVERLOADED
MARKET DIRECTION MED:      SLIGHT RISE
MARKET DIRECTION AMERICAS: FIRMING!

RATE ESTIMATES
————–

70  CBS/USG:      WS127.5     FIRMING!!
80  CROSS MED:    WS107.5     POISED
80  BKSEA/MED:    WS110       POISED
80  NSEA/UKC:     WS102.5     STEADY
100 PRIMORSK/UKC: WS82.5      FRAIL

DEMURRAGE.(US): $25,000.00 PD+/-
DEMURRAGE.(UKC/M): $21,000.00/24,000.00 PD+/-
USG LIGHTERING: $26,750.00 PD+/- MIN 3DAYS/ONE LIGHTERING – ???

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**FIXTURES**
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VESSEL             CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES APRIL 28, 2017
NEVERLAND DREAM      70 5/04 USG/ECC           WS85     OXY
EVERGLADES           70 5/08 CBS/USG           WS127.5  ATMI
SOUTHPORT            70 5/06 ST.LUCIA/USG      WS115    UNIPEC
SHELL TBN            70 5/07 CBS/USG           WS105    SHELL
KRYMSK               70 5/08 CBS/USG           WS110    ATMI – *FAILED*
AFRAMAX RIO          70 5/02 STATIA/S.AFRICA   RNR      AEGEAN OIL
NS CORONA            70 5/06 COVENAS/USG       WS105    BP
NS CAPTAIN           80 5/13 CPC/MED           WS100    UML
SEAPACIS             80 DNR  MED/TA            WS80     VITOL
Y.GLDN DARDANELLES   80 5/14 LIBYA/MED         WS109    BBNAFT
PETROVSK             80 5/04 SULLOM VOE/UKC    WS105    ST SHIPPING
DELTA STAR          100 5/06 PRIMORSK/UKC      WS80     LITASCO
RIDGEBURY ALICE M   100 5/04 ECUK/UKC          WS100    TOTAL

MARKET FIXTURES APRIL 27, 2017
CAPRICORN SUN        80 5/18 ALGERIA/CILACAP   LS$2.14M PERTAMINA
AEGEAN BLUE          80 5/07 CEYHAN/MED        WS102.5  UML
MINERVA NOUNOU       80 4/30 CEYHAN/MED        WS105    STATOIL
AEGEAN MYTH          80 5/06 ALGERIA/TRIESTE   RNR      OMG
HELEN                80 5/07 NOVO/MED-BKSEA    WS102.5  KMG
AMALTHEA             80 5/07 SKERIR/PORTUGAL   WS87.5   PETROGAL
NS CENTURY           80 5/12 SUPSA/MED         WS102.5  UML
ALATAU               85 5/06 CPC/UKCM          O/P      KMG
MAERSK JEDDAH       100 5/05 UST LUGA/MED      WS77.5   NEWTON
O’SEAS YELLOWSTONE  100 4/30 TALLIN/TA         WS72.5   MERCURIA
DELTA SAILOR        100 5/06 PRIMORSK/UKC      WS80     LITASCO

MARKET FIXTURES APRIL 26, 2017
AMAZON TBN           70 5/04 USG/CBS           RNR      BP – *FAILED*
UNITED GRACE         70 5/02 USG/TA            WS75     BP
MINERVA GLORIA       70 5/11 WHIFFENHEAD/UKC   RNR      ESSAR
ISSABELLA            70 5/04 ECC/USAC          RNR      PES
AET TBN              70 5/02 USG/MED-UKC       WS75     BP
ALMI STAR            70 5/03 USG/WCPANAMA      LS$1.2M  COSMO
STRIDE               80 5/04 CEYHAN/MED        WS105    UML
ESTEEM SPLENDOUR     80 5/08 NOVO/MED          WS102.5  SHELL
NIKOLAY ZUYEV        80 5/10 CPC/BKSEA-MED     RNR      UNIPEC
BADR                 80 5/04 NOVO/MED          COA      LITASCO
SEAMAGIC             80 5/10 NOVO/MED          WS102.5  LITASCO
KRASNODAR            80 5/04 BKSEA/MED-CONT    WS102.5  CHEVRON
PHOENIX ADMIRAL      80 5/07 BKSEA/MED-CONT    WS100    CHEVRON
IZUMO PRINCESS       80 5/05 HAMRA/MED         WS100    SHELL
CE-NIRIIS            80 5/05 CEYHAN/MED        WS102.5  UML
CASPIAN GALAXY      100 5/05 PRIMORSK/MED      WS75     ENI
SCF BALTICA         100 5/06 MURMANSK/UKC      COA      GAZPROM
SPIRIT II           100 5/03 BALTIC/UKC        WS87.5   VITOL
LIGOVSKY PROSPECT   100 5/01 UST-LUGA/UKC      WS90     STATOIL

MARKET FIXTURES APRIL 25, 2017
Y.GLDN. BOSPHORUS    70 5/04 COVENAS/USG       WS107.5  TRAFIGURA
AL HABIBAH           70 4/30 ECMEX/USG         WS100    ATMI
AEGEAN NOBILITY      80 5/09 CPC/MED           WS105    UML
IZUMO PRINCESS       80 5/07 NOVO/MED          WS100    KMG – *FAILED*
PERICLES             80 5/08 NOVO/MED          WS102.5  SHELL
DUBAI BEAUTY        100 4/29 UST LUGA/EAST     WS90     TRAFIGURA
MINERVA ASTRA       100 5/03 BALTIC/UKC        RNR      VITOL

MARKET FIXTURES APRIL 24, 2017
NOTHING FRESH…

THANK YOU
PHIL – TANKSHIP

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