VLCC Market Report – Week of July 24-28, 2017

RATE ESTIMATES
————–
AG/USG:       280 X W25     – STEADY  TCE=  $13800.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG:     260 X W55     – STEADY  TCE=  $19600.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST:    260 X W52.5   – STEADY  TCE=  $17900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE:   270 – LS2.6M  – SOFT    TCE=  $23000.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE:    270 – LS3.4M  – FLAT    TCE=  $32000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE:    270 – LS3.45M – FLAT    TCE=  $29000.00 (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……….:

SHELL       VLCC URUGUAY/EAST       8/22ND
UML         VLCC CEYHAN/TAIWAN      8/12-14

FIXTURES
********************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES JULY 28, 2017                 
     

GENER8 HECTOR       260 8/22 WAF/USWC          RNR       TESORO
NEW PROSPECT        260 8/25 WAF/CHINA         COA       UNIPEC
SEA LION            260 8/31 WAF/USAC          WS60      MONROE

MARKET FIXTURES JULY 27, 2017
DS COMMODORE        270 8/04 CBS/FEAST         RNR       VITOL – *FAILED*
SPYROS              260 8/27 WAF/CHINA         WS50.75   DAY HARVEST
KAHLA               260 8/31 WAF/TAIWAN        WS50      CPC
UGO OCHA            260 8/24 WAF/CHINA         RNR       GLASFORD
POROS               260 8/23 WAF/EAST          WS49.5    LITASCO (ANGOLA LOAD, WAS SUEZMAX STEM?)
ARGENTA             260 8/30 WAF/USAC          WS60      MONROE – *FAILED*
ARION               260 8/15 ARZEW/NINGBO      LS$3.75M  PETROINEOS

MARKET FIXTURES JULY 26, 2017
  

DHT LION            270 8/19 ECMEX/SKOREA      LS$3.6M   HOB
DHT PUMA            260 8/25 WAF/CHINA         WS53      UNIPEC
GESCO TBN           260 8/20 WAF/EAST          RNR       TOTAL

MARKET FIXTURES JULY 25, 2017
SHINYO KIERAN       260 8/18 ANGOLA/CHINA      COA       UNIPEC

ATHENIAN GLORY OO   260 8/21 WAF/CHINA         WS51      STATOIL
ATHENIAN VICTORY OO 260 8/21 WAF/CHINA         WS50      STATOIL – *EX-DD*
KALAMOS             260 8/18 USAN+ERHA/VADINAR LS$2.4M   IOC
COSPEARL LAKE       260 8/27 WAF/CHINA         COA       UNIPEC – *FAILED*
MARAN ARETE         270 8/18 H.POINT/FEAST     LS$3.8M   BP

MARKET FIXTURES JULY 24, 2017
XIN LIAN YANG       275 8/05 STS SKAW/NINGBO   LS$3.4M   UNIPEC – *FAILED*

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.