VLCC Market Report – Week of June 5-9, 2017

RATE ESTIMATES
————–
AG/USG………..:      280 X W26.5   – FLAT    TCE=  $13500.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG………:      260 X W57.5   – FIRM    TCE=  $26000.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST……..:      260 X W55     – FIRM    TCE=  $23000.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE…….:      270 – LS2.9M  – FLAT    TCE=  $23000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE……..:      270 – LS3.0M  – FLAT    TCE=  $32000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE……..:      270 – LS3.05M – FLAT    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..: $25,000

CARGOES……….:
SOCAR       VLCC RDAM/EAST          7/01-03
ST SHIPPING VLCC CBS/SPORE          7/01-05
VITOL       VLCC WAF/EAST           7/05TH
OCCIDENTAL  VLCC USG/EAST           END/ELY

VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JUNE 09, 2017
EVGENIA             260 7/10 WAF/PARADIP       LS$2.73M  IOC
BOSTON              270 6/23 H.POINT/SKOREA    LS$3.875M TOTAL
ZOURVA              270 6/26 RDAM/SPORE        LS$2.8M   CLEARLAKE

MARKET FIXTURES JUNE 08, 2017
LANDBRIDGE TBN      270 6/18 CBS/EAST          LS$3.05M  LITASCO
NAVIG8 TBN          260 7/02 WAF/WCINDIA       LS$2.55M  RELIANCE
DHT SUNDARBANS      260 7/05 WAF/EAST          WS57      VITOL
DS VADA             270 6/15 STS MALTA/SPORE   RNR       LITASCO

MARKET FIXTURES JUNE 07, 2017
GENER8 NEPTUNE      270 6/25 CBS/SPORE         LS$3.05M  LITASCO
KYMOLOS             260 7/07 AKPO+ERHA/VIZAG   LS$2.75M  HPCL
DS VENTURE          260 7/01 WAF/CHINA         RNR       CNOOC
OLYMPIC LOYALTY     270 7/01 CEYHAN/SPORE      RNR       SOCAR – *FAILED*
XIN YONG YANG       280 6/20 SKAW/CHINA        WS50      UNIPEC

MARKET FIXTURES JUNE 06, 2017
JAHAM               270 6/30 CBS/SPORE         LS$3.05M  PETROCHINA
NAVIG8 TBN          270 6/25 CBS/SPORE         LS$3.05M  LUKOIL
FRONT DUCHESS       260 7/05 WAF/CHINA         WS56.5    DAY HARVEST
OCEANIS             260 7/07 WAF/CHINA         WS56.5    UNIPEC
AGIOS SOSTIS I      260 7/05 WAF/CHINA         WS56.5    DAY HARVEST

MARKET FIXTURES JUNE 05, 2017
DHT PANTHER         260 7/07 WAF/THAILAND      WS58      PTT

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.