Panamax Market Report – Week of August 28 – September 1, 2017

RATE ESTIMATES
————–
CARIBS/USG  50 WS125   FIRM
CARIBS/USWC 50 WS145   FIRM
WCSA/USWC   50 WS140   STEADY
CONT/TA     55 WS122.5 FIRM
USG/UKCM    50 WS107.5 FIRM

************
**FIXTURES**
**********************************************************************
VESSEL             CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 01, 2017
AMAZON EXPLORER     70 9/09 COVENAS/STS USG   WS115     UNIPEC

MARKET FIXTURES AUGUST 31, 2017
MEGACORE PHILOMENA  50 9/01 USG/MED           RNR       NOVUM?
HELLESPONT PROGRESS 50 9/03 BAHAMAS/STS USG   WS125     LUKOIL – *FAILED*   
EVROTAS             55 9/16 SKAW/USG-USWC     WS122.5   STATOIL – *WS137.5 FOR USWC*

MARKET FIXTURES AUGUST 30, 2017
CHIMBARAZO          50 8/31 COVENAS/USG-CBS   WS125-135 VITOL
NAVE CETUS          50 9/02 BAHAMAS/USG       WS125     ST SHIPPING
MAYA                50 9/31 PUERTO BAHIA/USG  WS125     CNR
TAVROPOS            50 9/03 BAHAMAS/USAC      WS125     SHELL
MINDORO STAR        70 9/02 ST.LUCIA/ARUBA    WS107.5   UNIPEC
MEGANISI            55 9/14 SKIKDA/USG-USWC   WS115-125 CHEVRON

MARKET FIXTURES AUGUST 29, 2017
UNITED CARRIER      70 9/04 ST.LUCIA/CBS      WS107.5   UNIPEC – *FAILED*

MARKET FIXTURES AUGUST 28, 2017
NOTHING FRESH (HURRICANE HARVEY AND BANK HOLIDAY IN LONDON)

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.