VLCC Market Report – Week of June 26-30, 2017

RATE ESTIMATES
————–
AG/USG:       280 X W25     – STEADY  TCE=  $13800.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG:     260 X W58.5   – STEADY  TCE=  $26600.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST:    260 X W56     – STEADY  TCE=  $25900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE:   270 – LS2.9M  – SOFT    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: $35,000 BASIS USG/UKCM : $30,000 BASIS FEAST
LOADING US GULF/CBS: $30,000
LOADING CONT/NSEA..: $25,000

CARGOES……….:

IOC         VLCC WAF/WCINDIA        7/28TH
PETROBRAS   VLCC BRAZIL/CHINA-WCI   8/01-02

FIXTURES
********************************************************************

VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JUNE 30, 2017
SEA LEOPARD         260 7/28 WAF+WAF/ECINDIA   LS$2.75M  IOC

PANTANASSA          260 8/01 WAF/CHINA         WS55      UNIPEC – *$32.5KPD DEMURRAGE*    

MARKET FIXTURES JUNE 29, 2017
NEW DREAM           260 7/23 WAF/CHINA         COA       UNIPEC

YIANGOS             260 7/26 WAF/EAST-UKC-WCI  WS57-67.5 TOTAL – *WS59 FOR WCINDIA*
ATHENIAN HARMONY    260 8/01 TULJA+QIBOE/VIZAG LS$2.65M  HPCL

MARKET FIXTURES JUNE 28, 2017
BUNGA KASTURI ENAM  270 7/30 CBS/SIKKA         LS$3.1M   RELIANCE

BRITISH VENTURE     260 7/22 BRAZIL/WCI-CHINA  WS52.5-50 PETROBRAS    

MARKET FIXTURES JUNE 27, 2017
DHT EAGLE           260 7/26 WAF/CHINA         WS53.75   UNIPEC

DHT RAVEN           260 7/25 WAF/CILACAP-EAST  WS57.5-55 CHEVRON – *FAILED*

MARKET FIXTURES JUNE 26, 2017
GHINAH              270 8/05 JOSE/VADINAR      LS$3.1M   ESSAR

C.INNOVATOR         270 7/10 CBS/SPORE         RNR       PETROCHINA
DESH VISHAL         260 7/18 WAF/WCINDIA       LS$2.585M IOC
MARAN ARTEMIS       260 7/28 WAF/CHINA         WS56      UNIPEC
BUNGA KASTURI LIMA  260 7/28 WAF/CHINA         WS55      UNIPEC

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.