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

RATE ESTIMATES
————–
AG/USG    : 280 X W23.5   – STEADY TCE= $13600.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG  : 260 X W50     – STEADY TCE= $17600.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST : 260 X W47.5   – STEADY TCE= $14900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE: 270 – LS2.8M  – STEADY TCE= $27800.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE : 270 – LS3.5M  – ACTIVE TCE= $35000.00 (USG – SPORE – RAS TANURA)
CBS/SPORE : 270 – LS3.55M – ACTIVE TCE= $32000.00 (CBS – SPORE – RAS TANURA)

DEMURRAGE……..:

LOADING WEST AFRICA: $25,000 BASIS USG/UKCM : $25,000 BASIS FEAST
LOADING US GULF/CBS: $30,000
LOADING CONT/NSEA..: $25,000

CARGOES……….:

IOC         VLCC WAF+WAF/PARADIP    09/24-25
CPC         VLCC WAF/TAIWAN         10/02-04
TOTAL       VLCC RDAM/SPORE         10/15-20
            VLCC SOUTHWOLD/CHINA    09/24-27
ST SHIPPING VLCC H.POINT/SKOREA     09/25-30

FIXTURES
********************************************************************
VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 01, 2017
LAYLA               270 10/08 CBS/VADINAR        LS$2.85M  RELIANCE
GEORGIOS            260 10/02 WAF/EAST           WS47      BP
ASIA DAWN           260  9/22 WAF/EAST           WS45.75   STATOIL

MARKET FIXTURES AUGUST 31, 2017
DHT UTIK            270 10/10 CBS/JAMNAGAR       LS$2.9M   RELIANCE
OLYMPIC LOYALTY II  270 10/06 CBS/WCINDIA        LS$3.1M   RELIANCE
LIBRA VOYAGER       260  9/20 URUGUAY/EAST       RNR       SHELL
KONDOR              260  9/12 WAF/CHINA          WS47.5    CHEMCHINA
C. GLORY            260  9/29 WAF/YINGKOU        WS46.5    NPI
WU TAI SAN          260  9/22 WAF/CHINA          RNR       UNIPEC

MARKET FIXTURES AUGUST 30, 2017
LEONIDAS            260  9/29 WAF/EAST           WS45.5    UNIPEC
NEW ENERGY          260  9/27 WAF/CHINA          RNR       CNOOC

MARKET FIXTURES AUGUST 29, 2017
PANTARISTE          270  9/28 STS MALTA/SPORE    LS$2.85M  LITASCO – *FAILED*

MARKET FIXTURES AUGUST 28, 2017
DHT LOTUS           260  9/28 WAF/CHINA          WS47      UNIPEC
MANAH               270  9/25 H.POINT/SPORE      LS$3.9M   TOTAL – *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.