CPP Market Report – Week of August 21-25, 2017

RATE ESTIMATES FOR THE ATLANTIC/AMERICAS/WEST AFRICA AND UK CONTINENT

CONT/TA……:WS117.5  FIRMING
UKC/WAF……:WS137.5  FIRMING

CBS/USAC…..:WS155    FIRM – STORM RELATED
USG/UKC……:WS135    FIRM – STORM RELATED

USG/ECMEX….:LS$275K  FIRM – STORM RELATED
USG/WAF……:WS210    FIRM – STORM RELATED
USG/BRAZIL…:WS200    FIRM – STORM RELATED

USG/CBS……:LS550K   FIRM – STORM RELATED
USG/ECUADOR..:LS975K   FIRM – STORM RELATED
USG/PERU…..:LS1.15M  FIRM – STORM RELATED
USG/CHILE….:LS1.35M  FIRM – STORM RELATED
USG/LAZARO…:LS1.1M   FIRM – STORM RELATED

USG/ROSARITO.:LS1.3M   FIRM – STORM RELATED
USG/WCCA…..:LS1.2M   FIRM – STORM RELATED
USG/FEAST….:LS1.5M   FIRM – STORM RELATED

**********
FIXTURES
********************************************************************************
VESSEL           QTY CGO LOAD/DISCHARGE  DATE     RATE      CHARTERER
MARKET FIXTURES AUGUST 25, 2017
STENA EVOLUTION   38 UNL USG/CBS         28/AUG   LS$550K   CNR

MARKET FIXTURES AUGUST 24, 2017
TORM AMAZON       38 ULD MAMONAL/POZOS   26/AUG   LS$280K   ECOPETROL
SEASALVIA         38 UNL USG/ECMEX       26/AUG   RNR       PMI
ANDES             38 CPP USG/ECMEX       26/AUG   LS$295K   CNR
FALCON NOSTOS     38 UNL USG/ECMEX       27/AUG   LS$320K   PMI – *OLD*
PTI NILE          38 CPP USG/ECSA        24/AUG   WS210     TRICON

CIELO DI SALERNO  38 ALK ST.CROIX/VENEZ  28/AUG   RNR       RELIANCE

MARKET FIXTURES AUGUST 23, 2017

NAVIG8 VIOLETTE   38 UNL USG/CHILE       26/AUG   LS$1.3M   VITOL
TRANSIB BRIDGE    38 CPP USG/CHILE       28/AUG   O/P       EXXONMOBIL
NORIENT STAR      38 UNL USG/WCMEX       30/AUG   RNR       PMI

MARKET FIXTURES AUGUST 22, 2017
HIGH STRENGTH     38 CPP USG/UKCM        27/AUG   WS140     ENI
SILVER ERVILIA    38 CPP USG/UKCM-CHILE  24/AUG   WS145-RNR CHEVRON
CAPE BEIRA        38 UNL USG/CBS         31/AUG   LS$605K   NOBLE
STI YORKVILLE     38 UNL USG/ECMEX       23/AUG   LS$320K   PMI
TORM CAMILLA      38 CPP USG/BRAZIL      25/AUG   WS205     CCI

MARKET FIXTURES AUGUST 21, 2017
ELKA ELEFSIS      38 CPP USG/BRAZIL      25/AUG   WS185     VALERO
GLENDA MEREDITH   38 CPP USG/TA          22/AUG   WS160     CHEVRON

LAST FRIDAYS FIXTURES
ELKA ANGELIQUE    38 UNL USG/OPTS        22/AUG   RNR       VALERO
GLENDA MERIDITH   38 UNL USG/BRAZIL      24/AUG   RNR       BP
UNIQUE EXPLORER   38 CPP USG/CBS         28/AUG   RNR       SOL
RELIANCE II       38 UNL USG/ECMEX       21/AUG   RNR       PMI
S’WECO EVOLUTION  38 CPP USG/ECSA        24/AUG   WS212.5   TRICON
CONTI AGULHAS     38 CPP MAMONAL/USAC    22/AUG   WS180     VALERO

*******************************
*******************************
UKCM/TA-WAF-SAMERICA
VESSEL           QTY CGO LOAD/DISCHARGE   DATE     RATE      CHARTERER
MARKET FIXTURES AUGUST 25, 2017
DORIC BREEZE      37 UNL N.SPAIN/BRAZIL  31/AUG   WS127.5   REPSOL

MINERVA VENEZIA   37 UNL SPAIN/UCC-USWC  02/SEP   WS120     REPSOL
FREJA HAFNIA      37 CPP UKCM/USAC-OPTS  28/AUG   WS110-RNR GAZPROM

MARKET FIXTURES AUGUST 24, 2017
ELKA GLORY        37 CPP UKC/WAF         01/SEP   WS127.5   TOTAL
MAERSK MATSUYAMA  37 UMS UKC/ECC         29/AUG   WS125     IRVING – *FAILED*
CITRINE           37 UMS PEMBROKE/TA     26/AUG   O/P       VALERO

TORM ARAWA        37 CPP UKC/WAF         27/AUG   WS127.5   NYALA
TORM NECHES       37 UMS ARA/WAF         26/AUG   WS130     SAHARA
MARE DI VENEZIA   37 UMS N.SPAIN/TA      02/SEP   WS105     REPSOL
SITEAM DISCOVER   37 UMS PEMBROKE/TA-ECC 01/SEP   WS105-120 VALERO
ARDMORE SEAMASTER 37 UMS BALTIC/WAF      27/AUG   WS127.5   VITOL
MAERSK MARMARA    37 CPP MED/USAC        28/AUG   WS105     CNR
HIGH FORCE        37 UMS SICILY/USAC-USG 31/AUG   WS105     VITOL – *FAILED*
CPO SINGAPORE     37 UMS CONT/WAF        02/SEP   WS130     MERCURIA
STI MANHATTAN     37 CPP CONT/WAF        02/SEP   WS130     MERCURIA
CPO INDIA         37 UMS BALTIC/UKC-TA   30/AUG   WS110-120 CLEARLAKE
ALPINE LEGEND     37 CPP BALTIC/UKC-TA   29/AUG   WS110-120 NOVATEK
HAMBURG STAR      37 UMS UKC/TA-UKC      28/AUG   WS105     VITOL – *LS$285K FOR CROSS UKC*
MINERVA VIRGO     37 UMS DONGES/TA-WAF   28/AUG   WS105-130 TRADER

MARKET FIXTURES AUGUST 23, 2017

DORIC PIONEER     37 CPP N.SPAIN/BRAZIL  30/AUG   WS127.5   REPSOL
FIDELITY II       37 UNL WESTERN MED/TA  28/AUG   WS105     CLEARLAKE
ELKA GLORY        37 UNL BALTIC/WAF      30/AUG   WS130     VITOL – *FAILED*
ARDMORE SEAMASTER 37 CPP CONT/WAF        26/AUG   WS130     VITOL

MARKET FIXTURES AUGUST 22, 2017
A’MORE SEAVANGARD 37 CPP DONGES/TA-WAF   29/AUG   WS105-130 TOTAL
MISS MARIAROSARIA 37 CPP ARA/USAC-ECMEX  27/AUG   WS107.5   PMI
SEA HALCYONE      37 CPP CONT/TA         26/AUG   WS105     EXXONMOBIL
ST. ALBANS BAY    37 UMS SARROCH/USG-AC  27/AUG   WS105     BP

MARKET FIXTURES AUGUST 21, 2017
GOLDPOINT         37 CPP CONT/TA         26/AUG   WS105     EXXONMOBIL
ENDEAVOUR         37 UNL MONGSTAD/ECC    23/AUG   WS115     STATOIL

LAST FRIDAYS FIXTURES
STI OPERA         37 CPP HUELVA/USAC-USG 28/AUG   WS100     CEPSA
KOURION           37 CPP HUELVA/TA       25/AUG   WS100     CEPSA
ELANDRA OAK       37 UMS UKC/WAF         24/AUG   WS125     MOCOH
MARE DI GENOVA    37 CPP N.SPAIN/TA      24/AUG   WS100     REPSOL
GREEN SEA         37 UMS UKC/BRAZIL      25/AUG   WS125     CCI
ARDMORE ENDEAVOUR 37 UMS ARA/ECMEX       21/AUG   WS102.5   CNR
ELKA NIKOLAS      37 CPP UKC/TA-WAF      25/AUG   WS115-125 VITOL

PERIOD
******
VESSEL DW YB T/C DURATION RATE-PD CHARTERER
KOURION           49 12 1+1 YEAR        $13.25KPD   NORDEN   – *$14.25KPD FOR SECOND YEAR*

Clean Team
Pedro Elizondo
Phil Prapopulos

203-319-7272

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 RESPONSIVLE 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.