VLCC Market Report – Week of August 7-11, 2017
RATE ESTIMATES
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AG/USG : 280 X W24 – STEADY TCE= $13400.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG : 260 X W52.5 – STEADY TCE= $17800.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST : 260 X W50 – STEADY TCE= $16200.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE: 270 – LS2.4M – STEADY TCE= $22900.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE : 270 – LS2.7M – STEADY TCE= $25000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE : 270 – LS2.75M – STEADY TCE= $22000.00 (CBS – SPORE – RAS TANURA)
DEMURRAGE……..:
LOADING WEST AFRICA: $25,000 BASIS USG/UKCM : $20,000 BASIS FEAST
LOADING US GULF/CBS: $25,000
LOADING CONT/NSEA..: $25,000
CARGOES……….:
CNOOC VLCC WAF/CHINA 9/11TH
TOTAL VLCC UKC/SPORE 9/05-07
LORD ENERGY VLCC ALGERIA/EAST 8/24-26
UML VLCC CEYHAN/EAST 9/01ST
FIXTURES
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VESSEL CGO DATE LOAD/DISCHARGE RATE CHARTERER
MARKET FIXTURES AUGUST 11, 2017
ALICE 270 9/01 CBS/VADINAR LS$2.4M CNR
DS COMMODORE 270 8/20 CBS/EAST O/P TRAFIGURA
ASTIPALAIA 260 9/06 CLOV+AKPO/PARADIP LS$2.35M IOC
DALIAN 270 9/01 HOUND POINT/SKOREA LS$3.5M VITOL
MARKET FIXTURES AUGUST 10, 2017
ARAGONA 270 9/05 CBS/EAST LS$3.15M PHILLIPS 66 – *FAILED*
SKOPELOS 260 9/13 WAF/EAST WS50 ENI
LUCKY TRADER 260 9/04 QAU IBOE/VIZAG LS$2.3M HPCL
GENER8 HERCULES 270 8/24 STS MALTA/SPORE LS$2.7M LUKOIL
SEAWAYS KILAMANJARO 270 8/22 SKERIR/RDAM COA BAHRI
MARKET FIXTURES AUGUST 09, 2017
OLYMPIC TBN 260 9/09 WAF/CHINA WS50 UNIPEC
IOANNA 260 9/11 WAF/CHINA WS50 UNIPEC
COSGRACE LAKE 270 9/01 CEYHAN/TAIWAN LS$3.5M UML
YUAN HUA HU 270 8/20 RDAM/FEAST RNR VITOL – *FAILED*
MARKET FIXTURES AUGUST 08, 2017
ADVENTURE 260 9/10 WAF/EAST WS47.5 TOTAL
GEM NO. 2 260 9/04 WAF/CHINA WS47.5 CNOOC
MARKET FIXTURES AUGUST 07, 2017
YIANGOS 275 8/27 CBS/SPORE-CHINA LS$3.6M NU OIL – *LS$4.6M FOR CHINA*
FRONT DUKE 260 9/05 WAF/CHINA WS50 UNIPEC
AQUITAINE 260 9/04 WAF/FEAST WS47.5 BP
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 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.