VLCC Market Report – Week of August 14-18, 2017

RATE ESTIMATES
————–
AG/USG    : 280 X W23     – STEADY TCE= $12700.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG  : 260 X W50     – STEADY TCE= $16600.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST : 260 X W48.5   – STEADY TCE= $15900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE: 270 – LS2.6M  – STEADY TCE= $25800.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE : 270 – LS3.1M  – STEADY TCE= $26000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE : 270 – LS3.15M – STEADY TCE= $24000.00 (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……….:

PETROCHINA  VLCC CBS/EAST           9/26-28
CNOOC       VLCC WAF/CHINA          9/11TH
TOTAL       VLCC UKC/SPORE          9/05-10

FIXTURES
********************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE     RATE     CHARTERER
MARKET FIXTURES AUGUST 18, 2017
GENER8 APOLLO       270 8/26 CBS/SPORE          LS$3.1M  STATOIL

GENER8 HERA         270 9/08 CBS/SPORE-WCINDIA  RNR      TRAFIGURA
DHT PANTHER         260 9/17 WAF/FEAST          WS48     ENI
DHT SCANDINAVIA     260 9/18 WAF/CHINA          WS49     UNIPEC
FRONT CECILIE       260 9/19 WAF/CHINA          WS49     UNIPEC
AS SUWAIQ           270 9/08 RDAM/SPORE         LS$2.4M  UML

MARKET FIXTURES AUGUST 17, 2017
MARAN CASTOR        260 9/16 WAF/ECINDIA        LS$2M    IOC

YUAN HUA HU         270 9/01 STS MALTA/SPORE    LS$2.7M  LITASCO

MARKET FIXTURES AUGUST 16, 2017
NAUTILUS            270 9/08 CBS/CHINA          RNR      UNIPEC
C.SPIRIT            260 9/11 WAF/CHINA          WS50     NPI

MARKET FIXTURES AUGUST 15, 2017
SEA SPLEANDOUR      260 9/12 WAF/CHINA          WS49.5   UNIPEC

GREEK WARRIOR       270 8/24 ALGERIA/EAST       LS$3.35M LORD ENERGY

MARKET FIXTURES AUGUST 14, 2017
ALICE               270 9/02 JOSE/VADINAR       LS$2.4M  ESSAR
ASTIPALIA OO        260 9/07 WAF/ECINDIA        LS$2.35M IOC
AS SUWAYQ           270 9/01 RDAM/SPORE         LS$2.55M TRAFIGURA – *FAILED*
DALIAN              275 9/01 H.POINT/SKOREA     LS$5.0M  VITOL – *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 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.