VLCC Market Report – Week of June 12-16, 2017

RATE ESTIMATES
————–
AG/USG:       280 X W25.5   – FLAT    TCE=  $12800.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG:     260 X W57.5   – FIRM    TCE=  $25500.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST:    260 X W55     – FIRM    TCE=  $22300.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE:   270 – LS2.8M  – FLAT    TCE=  $22000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE:    270 – LS3.0M  – FLAT    TCE=  $31000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE:    270 – LS3.05M – FLAT    TCE=  $30000.00 (CBS – SPORE – RAS TANURA)

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

CARGOES……….:
MONROE      VLCC WAF/USAC           7/21-23
MERCURIA    VLCC USG-CBS/EAST       7/07-09
TRAFIGURA   VLCC USG/SPORE          7/01-05
SHELL       VLCC USG/SPORE-OPTS     7/01-05
ST SHIPPING VLCC CBS/SPORE          7/01-05
UNIPEC      VLCC WAF/CHINA          7/10-15
VITOL       VLCC WAF/EAST           7/15-20
PETROBRAS   VLCC BRAZIL/EAST        7/08TH – LOOKING SUZIE TOO

FIXTURES

VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JUNE 16, 2017
NIBAN               275 7/05 CBS/WCINDIA       LS$2.6M   ESSAR
OLYMPIC LOYALTY II  260 7/02 WAF/JAMNAGAR      LS$2.55M  RELIANCE

MARKET FIXTURES JUNE 15, 2017
PANTARISTE          270 6/27 STS MALTA/EAST    RNR       LITASCO
GENER8 SUPREME      270 7/05 SKERIR/RDAM       RNR       BAHRI

MARKET FIXTURES JUNE 14, 2017
GC FUZHOU           260 7/15 USG/SPORE         LS$3.0M   BP – *FAILED*
TIANJAN             270 7/08 CBS/WCINDIA       LS$2.6M   RELIANCE
KYMOLOS             260 7/03 BRAZIL/WCINDIA    WS54.5    PETROBRAS
FRONT QUEEN         260 7/18 WAF/EAST          RNR       TOTAL
AGIOS FANOURIOS     260 7/09 WAF/CHINA         WS58.5    UNIPEC
DELTA MILLENIUM     260 7/17 WAF/SPORE         WS52.5    ST SHIPPING

MARKET FIXTURES JUNE 13, 2017
VL PRIME            270 7/05 CBS/EAST          RNR       PETROCHINA
ILMA                260 7/15 WAF/CHINA         WS56.5    UNIPEC – *FAILED*
KYMOLOS             260 7/08 AKPO+ERHA/VIZAG   LS$2.75M  HPCL – *FAILED

MARKET FIXTURES JUNE 12, 2017
MARAN APOLLO        270 7/10 CBS/WCINDIA       LS$2.6M   RELIANCE
IOANNA              260 7/11 WAF/VADINAR       LS$2.52M  IOC

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.