Panamax Market Report – Week of June 19-23, 2017

RATE ESTIMATES
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CARIBS/USG  50 WS115   FLAT
CARIBS/USWC 50 WS135   TO BE TESTED
WCSA/USWC   50 WS140   FIRM
CONT/TA     55 WS115   FIRMING
USG/UKCM    50 WS90    STEADY

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**FIXTURES**
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VESSEL             CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JUNE 23, 2017
XANTHOS             55 7/08 BALTIC/USG-USAC   WS115-120 TRAFIGURA

MARKET FIXTURES JUNE 22, 2017
PENFIELD TBN        50 6/29 ECMEX/USG         WS115     HOUSTON REFINING

MARKET FIXTURES JUNE 21, 2017
SCF PACIFICA        55 7/10 BALTIC/USG-USAC   WS115-120 VITOL
STROFADES           55 7/14 SKIKDA/USG-USWC   WS115-125 CHEVRON

MARKET FIXTURES JUNE 20, 2017
CAPE TALLINN        55 6/25 ARA/USG           WS115     CLEARLAKE

MARKET FIXTURES JUNE 19, 2017
ANGISTRI            50 6/25 CBS/IF USG        RNR       TRADER

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.