Aframax Market Report – Week of May 15-19, 2017

MARKET DIRECTION UKC:      FIRM
MARKET DIRECTION MED:      FIRM
MARKET DIRECTION AMERICAS: JUMPING!

RATE ESTIMATES
————–

70  CBS/USG:      WS145       POPPED
80  CROSS MED:    WS132.5     ACTIVE
80  BKSEA/MED:    WS137.5     ACTIVE
80  NSEA/UKC:     WS97.5      BUSY-FIRMING
100 PRIMORSK/UKC: WS70        BUSY-FIRMING

DEMURRAGE.(US): $25,000.00 PD+/-
DEMURRAGE.(UKC/M): $18,000.00/32,000.00 PD+/-
USG LIGHTERING: $24,750.00 PD+/- MIN 3DAYS/ONE LIGHTERING – ???

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**FIXTURES**
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VESSEL             CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES MAY 19, 2017
MINERVA ELEONORA     70 5/28 CBS/USG           WS140    CHEVRON
KANPUR               70 5/20 USG LTRG          $18.5K   TEEKAY
OVERSEAS SHIRLEY     70 5/24 ECMEX/USG         WS125    VALERO
GHIBLI               70 5/25 ECMEX/USG         RNR      CHEVRON
YASA GLDN BOSPHORUS  80 6/05 WAF/UKCM          WS107.5  VITOL
WAIKIKI              80 5/31 TAMAN/RED SEA     LS$1.3M  ST SHIPPING
NEW ABILITY          80 5/29 ALGERIA/UKC       WS122.5  ENI
CARMEL               80 5/26 MELITAH/TRIESTE   WS137.5  UML
PHOENIX ADMIRAL      80 6/01 CPC/MED-UKC       WS140    VITOL
FRONT OCELOT        100 5/30 BALTIC/UKC        WS70     TOTAL
ZUMA                100 5/30 MURMANSK/UKC      WS80     LITASCO

MARKET FIXTURES MAY 18, 2017
AMERICAN SPIRIT      70 5/24 ECMEX/USG         WS115    CHEVRON
SOLOMON SEA          70 5/23 CBS/USG           WS112.5  TRAFIGURA
TARBET SPIRIT        70 5/23 ECMEX/USG         WS102.5  HOUSTON REFINING
UNITED CARRIER       70 5/24 COVENAS/CHIRIQUI  WS90     UNIPEC
SYRA                 80 6/02 GHANA/USG-USAC    WS102.5  SHELL – *WS107.5 FOR USAC*
PAMISOS              80 6/02 TAMAN/MALTA       WS150    CNR
MINDORO              80 5/30 CEYHAN/UKCM       WS122.5  UML
BRITISH ROBIN        80 DNR  CEYHAN/MED        O/P      BP
SIGMA INTEGRITY      80 5/26 ALGERIA/MED       RNR      PHILLIPS 66
PETROZAVODSK         80 5/27 SKERIR/AUGUSTA    WS137.5  EXXONMOBIL
MAERSK JEDDAH        80 5/26 LIBYA/MED         WS137.5  ENI
DREPANOS             80 5/25 TEES/UKC          WS97.5   ST SHIPPING
SOVCOMFLOT TBN       80 5/29 NSEA/UKC          WS100    VALERO
SUVOROVSKY PROSPECT 100 5/29 MURMANSK/UKC      WS67.5   GAZPROM
DELTA VICTORY       100 5/29 PRIMORSK/UKC      WS67.5   ST SHIPPING
HS CARMEN           100 5/29 PRIMORKS/UKC      WS67.5   ST SHIPPING
MOSKOVSKY PROSPECT  100 5/27 KLAIPEDA/UKC      WS67.5   PETROINEOS
SWAYS JOSEFA CAMEJO 100 5/28 MURMANSK/UKC      WS67.5   GAZPROM
ALEXIA              100 DNR  ST.PETERSBURG/UKC WS72.5   TRAFIGURA
SEASONG             100 5/28 PRIMORSK/UKC      WS67.5   CLEARLAKE

MARKET FIXTURES MAY 17, 2017
HOUSTON STAR         70 5/26 USG/ECC           WS80     OXY
GEORGY MASLOV        70 5/29 CBS/USG           WS97.5   AOT
PENFIELD TBN         70 5/26 CBS/USG           RNR      HOUSTON REFINING
PENFIELD TBN         70 5/19 ECMEX/USG         WS105    PHILLIPS 66
SEAMUSIC             80 5/31 BKSEA/MED         WS130    LITASCO
SEAMAGIC             80 5/29 BKSEA/UKCM        WS108.5  KMG
TAURUS SUN           80 5/27 EGYPT/MED         WS102.5  SHELL
OHIO                 80 5/31 CPC/MED-CONT      WS115-NR UML

MARKET FIXTURES MAY 16, 2017
ATLAS VOYAGER        70 5/26 USG/SPORE         LS$2.0M  WESTPORT
MAKRONISSOS          70 5/20 ECMEX/USG         WS95     VALERO
EAGLE TURIN          80 5/26 WHIFFENHEAD/USAC  WS95     PES
VALFOGLIA            95 5/29 WHIFFENHEAD/ITALY WS60     ENI
MATILDA              80 5/26 WAF/SARROCH       WS120    PETRACO
CE-NIRIIS            80 5/29 NOVO/UKCM         WS107.5  VITOL
DUGI OTOK            80 5/27 CPC/UKCM          WS107.5  CHEVRON
IZUMO PRINCESS       80 5/25 CEYHAN/MED        WS105    UML
AEGEAN POWER         80 5/24 CEYHAN/MED        WS107.5  BP
Y.GOLDEN DARDANELLES 80 5/28 NOVO/UKCM         WS105    OILMAR
MARATHA              80 5/26 BKSEA/MED         WS107.5  EXXONMOBIL
GEMINI SUN           85 5/28 CPC/MED           WS100    KMG
PETROVSK             80 DNR  NSEA/UKC          WS100    TOTAL
NS ARCTIC           100 5/27 BALTIC/UKC        WS67.5   ST SHIPPING
MINERVA HELEN       100 5/25 UST LUGA/UKC      WS67.5   SHELL

MARKET FIXTURES MAY 15, 2017
SEA BAY              70 5/27 MONTREAL/SPORE    LS$2.35M SHELL
SEASPRITE            70 5/20 BAHAMAS/CBS       WS95     UNIPEC
SEA HAZEL            70 5/22 USAC/EAST         LS$2.0M  CASTLETON
BAREILLY             80 5/29 WAF/OPTS          RNR      ST SHIPPING
MYRTOS               80 5/24 SKERIR/UKCM       WS105    UNIPEC
MOSCOVSKY PROSPECT   80 5/23 CEYHAN/MED-CONT   WS105-NR UML
YASA GOLDEN MARAMARA 80 5/26 SUPSA/UKCM        WS105    UML
INTISAR              80 5/23 L.SKHIRRA/MILAZZO WS100    ENI
DUGI OTOK            80 5/28 CPC/UKCM          WS107.5  CHEVRON
OLYMPIYSKY PROSPECT  80 5/15 H.POINT/UKC       WS100    CLEARLAKE
MINERVA ASTRA        80 5/18 EC UK/USAC        WS92.5   SUNCOR
MINERVA CORALIA      80 5/20 N.SEA/UKC         WS100    BP
MATILDA             100 5/15 BALTIC/UKC        WS67.5   TRAFIGURA
FRONT LYNX          100 5/26 BALTIC/UKC        WS67.5   VITOL
DELTA SAILOR        100 5/26 BALTIC/UKC        WS67.5   ST SHIPPING
SUVOROVSKY PROSPECT 100 5/26 BALTIC/UKC        WS67.5   CLEARLAKE – *FAILED*

THANK YOU
PHIL – TANKSHIP

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