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

RATE ESTIMATES
————–
AG/USG:       280 X W27     – STEADY  TCE=  $16800.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG:     260 X W58.5   – FIRM    TCE=  $26600.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST:    260 X W56     – FIRM    TCE=  $25900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE:   270 – LS3.4M  – FIRM    TCE=  $29000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE:    270 – LS3.6M  – FIRM    TCE=  $39000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE:    270 – LS3.65M – FIRM    TCE=  $37000.00 (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……….:
RELIANCE    VLCC CBS/EAST           7/30
VITOL       VLCC WAF/EAST           7/20
VALERO      VLCC WAF/USG            7/19
SOCAR       VLCC CEYHAN/EAST        7/11-15

FIXTURES
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VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JUNE 23, 2017
DHT TIGER           270 7/22 ECMEX/SKOREA      LS$4.4M   HOB

GENER8 NAUTILUS     270 7/14 CBS/SPORE         LS$3.1M   ST SHIPPING
SAHBA               270 7/22 CBS/SPORE         LS$3.6M   GLASFORD
DESH VISHAL         265 7/18 WAF+WAF/VADINAR   LS$2.585M IOC
SHINYO SAOWALAK     260 7/20 WAF/CHINA         COA       UNIPEC
ATROMITOS           270 7/12 NSEA/EAST         RNR       ST SHIPPING
HAKATA              270 7/17 NSEA/SKOREA       RNR       UNIPEC – *FAILED*

MARKET FIXTURES JUNE
22, 2017
MANIFA              270 DNR  CBS/SPORE         LS$3.5M   MERCURIA (BAHRI RELET)
RIDGEBURY PROGRESS  270 7/11 CBS/SPORE         LS$3.1M   KOCH
OCEANIS             260 7/15 BRAZIL/CHINA      WS52.5    PETROBRAS
ISLAND SPLENDOUR    260 7/17 WAF/CHINA         RNR       UNIPEC
VALERO TBN          260 7/17 JUBILEE/USWC      WS70      TESORO
SIFA                270 7/15 H.POINT/SKOREA    LS$4.1M   BP

MARKET FIXTURES JUNE
21, 2017
NAUTIC              260 7/20 URUGUAY/CHINA     WS52.5    CHEMCHINA

NEW RESOURCE        260 7/14 WAF/TAIWAN        O/P       CPC
GREAT LADY          260 7/23 WAF/CHINA         WS56      UNIPEC
FRONT ENDURANCE     260 7/24 WAF/CHINA         WS56      UNIPEC

MARKET FIXTURES JUNE 20, 2017
OCEANIS             260 7/10 SALDANHA BAY/EAST RNR       VITOL – *FAILED*
HABRUT              270 7/25 H.POINT/SKOREA    RNR       SHELL

MARKET FIXTURES JUNE
19, 2017
ALEXANDER THE GREAT 270 7/01 CBS/SPORE         RNR       PETROCHINA
ASTRO CHLOE         260 7/22 URUGUAY/EAST      WS52.5    SHELL

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.