VLCC Market Report – Week of May 29-June 2, 2017

RATE ESTIMATES
————–
AG/USG:         280 X W26.5   – RISING  TCE=  $13500.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG:       260 X W59.5   – FIRM    TCE=  $25000.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST:      260 X W56.5   – FIRM    TCE=  $23000.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE:     270 – LS3.0M  – STEADY  TCE=  $23000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE:      270 – LS3.1M  – STEADY  TCE=  $32000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE:      270 – LS3.15M – STEADY  TCE=  $30000.00 (CBS – SPORE – RAS TANURA)

DEMURRAGE:     

LOADING WEST AFRICA: $30,000 BASIS USG/UKCM : $25,000 BASIS FEAST
LOADING US GULF/CBS: $35,000
LOADING CONT/NSEA..: $30,000

CARGOES:
PTT         VLCC WAF/THAILAND       7/07-08
TOTAL       VLCC WAF/SIKKA          6/28TH

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**FIXTURES**
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VESSEL             CGO DATE LOAD/DISCHARGE    RATE     CHARTERER
MARKET FIXTURES JUNE 02, 2017
BAHRI TBN           275 7/01 CBS/WCINDIA       RNR       ESSAR
GC FUZHOU           270 6/20 CBS/CHINA         LS$3.1M   PETROCHINA
NEW ODYSSEY         270 6/26 CBS/CHINA         RNR       PETROCHINA
AMPHITRITE          260 6/29 BRAZIL/CHINA      WS51      PETROBRAS
TEXAS               260 7/01 WAF/CHINA         WS56.5    UNIPEC
SHIBLAH             260 7/03 WAF/CHINA         WS56.5    UNIPEC
KALLIOPI            260 6/30 WAF/INDONESIA     WS55      CHEVRON
RIDGEBURY PROGRESS  275 6/15 STS MALTA/SKOREA  LS$3.65M  LORD ENERGY??
ZOURVA              270 6/2X H.POINT/EAST      RNR       STATOIL

XIN YONG YANG       270 6/20 NSEA/ECC          RNR       STATOIL

MARKET FIXTURES JUNE 01, 2017
MARAN THETIS        270 6/25 STS MALTA/SPORE   LS$2.75M  SHELL

MARKET FIXTURES MAY 31, 2017
NERISSA             260 6/26 WAF/EAST (CHINA)  WS52.75   STATOIL
AGIOS FANOURIS I    260 6/23 WAF/ECINDIA       LS$2.8M   IOC

MARKET FIXTURES MAY 30, 2017
GEORGIOS            260 6/19 WAF/FEAST         WS54      TOTAL
MARAN ARETE         260 6/23 WAF/UKC-FEAST     WS66-RNR  TOTAL
GENER8 NEPTUNE      260 6/28 WAF/USWC          RNR       PETROINEOS
ITHAKI              260 6/26 WAF/VADINAR       LS$2.6M   IOC
NERISSA             260 6/28 WAF/FEAST         WS53      CHEVRON – *FAILED*

MARKET FIXTURES MAY 29, 2017
XIN YUE YANG        270 6/25 ECMEX+USG/YOSU    LS$5.46M  GSCALTEX
JING GANG SAN       260 6/29 WAF/CHINA         WS53      UNIPEC
OLYMPIC LOYALTY II  270 6/15 H.POINT/SKOREA    RNR       TOTAL
C.CHALLENGER        270 6/20 H.POINT/EAST      RNR       TOTAL

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 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.