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

MARKET DIRECTION……..: AREA SENSITIVE!

RATE ESTIMATES
————–
150 CBS/USG:    W72.5   – UNSURE     TCE:$25600
130 CBS/SPORE:  LS$2.8M – UNSURE     TCE:$24000
130 WAF/USG:    W90     – FIRM       TCE:$21400
130 WAF/UKC-MED:W95     – FIRM       TCE:$19800
135 NSEA/TA:    W72.5   – STEADY     TCE:$21100
135 S.KERIR/MED.W100    – POISED     TCE:$23800
140 BLKSEA/UKCM.W105    – POISED     TCE:$23000
130 MED/TA:     W77.5   – POISED     TCE:$18900 

DEMURRAGE:
$32,500 (WAF/US-UKC-MED)

$30,000 (CBS/USG)
$40,000 (BKSEA){BLACK SEA CLAUSE TO APPLY}

 

**CARGOES**
DAY HARVEST 130 BRAZIL/INDIA-CHINA  5/05-10
SHELL       130 BRAZIL/USG-AC-USWC  5/16-18
CHEVRON     130 WAF/BALIKPAPAN      5/22ND
VITOL       130 LIBYA/USG-UKCM      5/10-12 – FIXED SEAPACIS (PENFIELD AFRA)
ENI         130 LIBYA/FEAST         5/02-05
IRVING      130 CEYHAN/ECC          5/14TH
SHELL       130 ALGERIA/USG-AC-CBS  5/08-10 – MAY GO OWN VESSEL
LITASCO     135 CPC/FEAST           5/13TH
SURGUT OIL  140 NOVO/UKCM           5/18-19
ROSENEFT    140 NOVO/UKCM           5/11TH
CHEVRON     135 CPC/EAST            5/15TH
CLEARLAKE   130 BALTIC/EAST         5/11TH
MERCURIA    130 BALTIC/TA           5/02-03

************
**FIXTURES**
***********************************************************************************************************

VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES APRIL 21, 2017
SEOUL SPIRIT        130 5/21 BRAZIL/UKCM-CHINA WS85-95   PETROBRAS
OLYMPIC FLAG        130 5/18 BONNY/BALIKPAPAN  WS100     SHELL
BRAZOS              130 5/21 WAF/UKCM-FEAST    WS92.5    TOTAL – *WS102.5 FOR EAST*
CHRISTINA           130 5/03 ALGERIA/OZ        LS$2.375M LORD ENERGY
MONTESTENA          130 5/15 KLAIPEDA/SPORE    LS$2.35M  UML

MARKET FIXTURES APRIL 20, 2017
CAP PHILLIPE        150 5/03 CBS/USG           WS72.5    SHELL
APACHE              130 5/08 CBS/SPORE         LS$2.75M  REPSOL
FRONT BALDER        130 5/13 ECMEX/CHINA       LS$3.2M   UNIPEC
DA MING HU          130 5/20 BRAZIL/OPTS       RNR       PETROBRAS
PEGASUS             130 5/18 BONGA/UKCM        WS90      PETROINEOS
GENER8 PHOENIX      130 5/21 WAF/EAST          WS92.5    VITOL
DENSA WHALE         130 5/20 WAF/USAC          WS90      MERCURIA
TIALONG SPIRIT      130 5/16 WAF/UKCM-EAST     WS90-100  TOTAL
GENER8 KARA G       130 5/10 LIBYA/OPTS        RNR       ST SHIPPING
SANA                130 4/30 SKERIR/SPAIN      RNR       CEPSA
NAUTIC              135 5/02 CEYHAN/SPORE      LS$2.0M   SOCAR
WHITE MOON          135 5/10 CPC/UKC-MED       WS105     CHEVRON – *WS112.5 FOR MED*
AEGEAN ANGEL        140 5/11 NOVO/UKCM         RNR       UML

MARKET FIXTURES APRIL 19, 2017
CAP GEORGES         130 5/05 COVENAS/SPORE     LS$2.7M   PMI???
EXPLORER            130 5/18 WAF/BRAZIL        WS89      PETROBRAS
MARAN HERMIONE      130 5/06 WAF/UKCM          WS95      EXXONMOBIL
GLORYCROWN          130 5/19 WAF/OPTS          RNR       STATOIL
ALMI EXPLORER       130 5/17 WAF/UKCM          WS90      SHELL
KARVOUNIS           130 5/09 SALDANHA BAY/USG  WS70      MERCURIA
DELTA MARINER       130 5/11 WAF/DURBAN        WS117.5   ENGEN
SPYROS K            150 5/10 MED/SPORE         LS$2.05M  NEWTON
VAIL SPIRIT         130 5/05 ALGERIA/SPORE-OZ  LS$2.35M  LORD ENERGY – *FAILED*
NEW LEGEND          130 5/15 NOVO/VADINAR      LS$2.1M   IOC
MINERVA VERA        135 5/15 NSEA/USG          WS70      STATOIL

MARKET FIXTURES APRIL 18, 2017
STENA SUNRISE       140 5/02 USG/EAST-CHIRIQUI WS79-85   UNIPEC – *EQUIVALENT TO LS$3.1M 1-1*
EURONIKE            130 5/14 WAF/UKCM          WS90      VALERO
GENER8 HARRIET G    130 5/11 WAF/USG-UKCM      WS85-90   BP
DELTA KANARIS       130 5/11 STS MALTA/SPORE   LS$2.0M   LITASCO
COPPER SPIRIT       130 5/04 ARZEW/VADINAR     LS$1.8M   BPCL
SCF SAMOTLOR        130 5/06 ARZEW/UKC-MED     WS97.5    PETROINEOS – *WS102.5 FOR MED*
PISSIOTIS           130 5/11 CEYHAN/BALIKPAPAN LS$2.7M   BP
BESIKTAS BOSPHORUS  135 5/11 CPC/UMCM          WS85      CHEVRON
ASTRA               130 5/08 VNTSPILS/FUJAIRAH LS$2.35M  UML

MARKET FIXTURES APRIL 17, 2017
SPEEDWAY            147 5/07 ECMEX/SPAIN       WS52.5    REPSOL
AMAZON              130 5/14 WAF/UKCM          WS90      TOTAL
FRONT THOR          130 5/13 WAF/USAC-CBS      WS77.5    STATOIL
NAUTILUS            130 5/12 WAF/SPAIN         WS90      REPSOL
NORDIC COSMOS       130 5/02 ARZEW/PEMBROKE    WS80      VALERO
FINESSE             130 5/05 SKERIR/SINES      WS86      PETROGAL
RED MOON            135 5/04 SKERIR/SPAIN      WS82.5    REPSOL
GENER8 KARA G       135 5/04 TAMAN/SPORE       LS$2.325M ST SHIPPING – *FAILED*
MATALA              140 5/09 NOVO/BKSEA-FEAST  LS$725K   LITASCO – *RNR FEAST, RUMOURED AROUND $1.9M*

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 VOLATILE 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 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.