VLCC Market Report – Week of September 11-15, 2017

RATE ESTIMATES
————–
AG/USG    : 280 X W23.5   – STEADY TCE= $11000.00 (SPORE-RAS TANURA-LOOP)
WAFR/USG  : 260 X W50     – STEADY TCE= $18200.00 (HOUSTON – BONNY – HOUSTON)
WAFR/EAST : 260 X W47.5   – STEADY TCE= $17900.00 (SPORE – BONNY – NINGBO)
NSEA/SPORE: 270 – LS3.3M  – ACTIVE TCE= $31200.00 (GIBRALTAR – RDAM – SPORE)
USG/SPORE : 270 – LS4.0M  – ACTIVE TCE= $39500.00 (USG – SPORE – RAS TANURA)
CBS/SPORE : 270 – LS4.05M – ACTIVE TCE= $33700.00 (CBS – SPORE – RAS TANURA)

DEMURRAGE……..:

LOADING WEST AFRICA: $25,000 BASIS USG/UKCM : $20,000 BASIS FEAST
LOADING US GULF/CBS: $37,500
LOADING CONT/NSEA..: $30,000

CARGOES……….:
MERCURIA    VLCC SOUTHWOLD/CHINA    10/15-17
GSC         VLCC ECMEX/YOSU         10/05-10
RELIANCE    VLCC CBS/WCINDIA        END/ELY
TRAFIGURA   VLCC USG/EAST           10/15-16
UML         VLCC LA PALOMA/CHINA    10/22ND
BP          VLCC RDAM/SPORE         10/10-11
SHELL       VLCC H.POINT/FEAST      10/17TH

FIXTURES
********************************************************************
VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES SEPTEMBER 15, 2017
MARAN CLEO          275 10/03 USG/SPORE-CHINA    LS$4-5M   VITOL
ANNE                270  9/30 CBS/EAST           RNR       PETROCHINA
NEW JOVIALITY       270 10/10 CBS/EAST           RNR       PETROCHINA
GENER8 POSEIDON     260 10/15 WAF/WCINDIA        WS44      LITASCO
ATHINA OO           260 10/14 WAF/EAST           WS47      TOTAL
ARION               270 10/10 H.POINT/EAST       RNR       LITASCO
INGRID              270 10/15 H.POINT/SKOREA     LS$4.2M   ST SHIPPING

MARKET FIXTURES SEPTEMBER 14, 2017
IRIS                260 10/05 BRAZIL/EAST        WS47      PETROBRAS
GREAT LADY          270 10/14 SALDANHA BAY/VIZAG LS$1.625M HPCL
HOUSTON             260 10/11 NSEA/SKOREA        LS$4.2M   ST SHIPPING

MARKET FIXTURES SEPTEMBER 13, 2017
MANAH               270 10/03 ECMEX/WCINDIA      LS$3.36M  RELIANCE

SIMONE              260 10/06 CBS/EAST           RNR       PETROCHINA
FRONT HAKATA        260 10/16 WAF/TAIWAN         LS$46.5   TAIWAN
SEA LEOPARD         260 10/07 WAF/CHINA          WS49      UNIPEC
MESDAR              260 10/13 WAF/CHINA          WS48      CHEMCHINA – *FAILED*
HOUSTON             270  9/25 NSEA/SKOREA        LS$4.2M   ST SHIPPING – *FAILED*

MARKET FIXTURES SEPTEMBER 12, 2017
FRONT DUCHESS       260 10/14 WAF/CHINA          WS48      UNIPEC
POLYMNIA I          260 10/11 WAF/CILACAP        WS49      VITOL
DHT UTAH            260 10/12 WAF/CHINA          WS48      CNOOC
FRONT ENERGY        260 10/14 WAF/CHINA          WS48      DAY HARVEST
OLYMPIC LEADER      270 10/01 RDAM/SPORE         LS$3.0M   UML
MARAN ARIDANE       270  9/30 RDAM/SPORE         LS$2.95M  KOCH

MARKET FIXTURES SEPTEMBER 11, 2017
SOLANA              270  9/27 CBS/EAST           RNR       VITOL

GENER8 ARIES        260  9/29 LA PALOMA/EAST     WS47      SHELL
HERCULES VOYAGER    260 10/01 LA PALOMA/EAST     RNR       SHELL
OLYMPIC LION        260 10/08 WAF/CHINA          WS49      UNIPEC
KALLIOPI            260 10/03 WAF/EAST           WS49      BP
ANDROMEDA           270 10/03 SKAW/CHINA         LS$3.8M   UNIPEC – *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.