VLCC Market Report – Week of July 3-7, 2017

July 17, 2017

RATE ESTIMATES
————–
AG/USG:      280 X W25    – STEADY TCE= $13600.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG:     260 X W57.5   – STEADY TCE= $25600.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST:    260 X W55 – STEADY  TCE= $25100.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE:   270 – LS2.8M – SOFT   TCE= $28000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE:    270 – LS3.5M – FIRM TCE= $37000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE:    270 – LS3.55M – FIRM    TCE= $36000.00 (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……….:

CHEVRON     VLCC ECMEX-USG/SKOREA   7/28-30
UNIPEC      VLCC WAF/CHINA          8/10-12
CLEARLAKE   VLCC WAF/CHINA          8/04-06
COSMO       VLCC CBS/JAPAN          8/10-15

FIXTURES
********************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JULY 07, 2017
SEAHERO             260 7/30 WAF+WAF/JAMNAGAR LS$2.6M   RELIANCE
DUQM                260 8/11 WAF/CHINA         WS55      KPC

MARKET FIXTURES JULY 06, 2017
HAKONE              260 7/27 WAF/S.AFRICA      WS70      BP+SASOL
VK EDDIE            260 8/06 WAF/CHINA         WS55      CHEMCHINA

MARKET FIXTURES JULY 05, 2017
BUNGA KASTURI DUA   270 8/11 USG+ECMEX/JAPAN   RNR      GSC
A.I.ANGELICOUSSIS   260 7/30 WAF+WAF/PARADIP   LS$2.85M IOC
BRITANIS            260 8/04 WAF/CHINA         WS55.75 UNIPEC
ORIENTAL JADE       260 8/06 WAF/CHINA         WS55     DAY HARVEST
NEW CREATION        260 8/06 WAF/CHINA         WS55      DAY HARVEST
BRITISH VANTAGE     270 7/26 H.POINT/FEAST     LS$4.1M   SHELL

MARKET FIXTURES JULY 04, 2017
SEAWAYS MCKINLEY    260 8/03 BRAZIL/WCINDIA    WS47.75   PETROBRAS
DHT PUMA            260 8/08 WAF/CHINA         WS55     CHEMCHINA
C.CHALLENGER        260 7/31 RDAM/SPORE        LS$2.75M TRAFIGURA

MARKET FIXTURES JULY 03, 2017
SEA LEOPARD         260 7/27 AKPO+CLOV/PARADIP LS$2.75M IOC
EAGLE VANCOUVER     260 8/04 WAF/CHINA         WS54.75 UNIPEC
PANTANASSA          260 7/30 WAF/CHINA         WS55     UNIPEC
AMBER               270 7/23 RDAM/SPORE        LS$2.75M UML
ACHILLEAS           270 7/25 RDAM/SPORE        RNR      PETROCHINA

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.