VLCC Market Report – Week of October 2-6, 2017

RATE ESTIMATES
————–
AG/USG    : 280 X W27.5   – FIRMING
WAFR/USG  : 260 X W70     – POISED
WAFR/EAST : 260 X W65     – POISED
NSEA/SPORE: 270 – LS3.6M  – ACTIVE
USG/SPORE : 270 – LS4.0M  – ACTIVE
CBS/SPORE : 270 – LS4.15M – ACTIVE

DEMURRAGE
LOADING WEST AFRICA: $35,000 BASIS USG/UKCM : $32,500 BASIS FEAST
LOADING US GULF/CBS: $37,500
LOADING CONT/NSEA..: $35,000

CARGOES
NEUTRADE    VLCC CBS/SPORE-OPTS     10/22-31
UML         VLCC URUGUAY/EAST       10/25-30
OIL MAJOR?  VLCC S.AFRICA/FEAST     10/13-15
BP          VLCC H.POINT/EAST       10/25-30 – RELET IN POSITION
SHELL       VLCC NSEA/FEAST         10/30-31

FIXTURES
********************************************************************
VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES OCTOBER 06, 2017
OLYMPIC LADY        260 11/07 WAF/TAIWAN        WS62      CPC

DS VALENTINA        270 10/29 ARZEW/SKOREA      LS$4.275M LORD ENERGY

MARKET FIXTURES OCTOBER 05, 2017
ENEOS OCEAN         270 10/13 USG/JAPAN         O/P       JX

POROS               260 11/03 WAF/VADINAR       LS$2.7M   IOC
MARITIME JEWEL      270 10/29 ARZEW/SPORE       LS$4.275M LORD ENERGY – *FAILED*
PLATA SUNRISE       280 11/04 RDAM/SPORE        LS$3.5M   TRADER?

MARKET FIXTURES OCTOBER 04, 2017
GLORIC              270 10/25 USG/SPORE-CHINA   LS$3.65M  UNIPEC – *LS$4.65M FOR CHINA*

SONIA               275 11/05 CBS/CHINA         RNR       PETROCHINA   
SOLANA OO SHIRAGA   270 11/11 CBS/EAST          LS$3.9M   PETROCHINA
HIRADO              275 11/07 CBS/CHINA         RNR       PETROCHINA
C.DREAM             270 10/25 CBS/EAST          LS$3.6M   UML – *FAILED*
ALEXANDER THE GREAT 275 11/15 CBS/CHINA         RNR       PETROCHINA

AMJAD               270 11/15 CBS/VADINAR       LS$3.1M   ESSAR
OCEANIS             260 10/24 BRAZIL/CHINA      WS61      PETROBRAS
ATHENIAN HARMONY    265 10/25 S.AFRICA/CHINA    WS60      MERCURIA
HONG KONG SPIRIT    260 10/30 WAF/CHINA         RNR       UNIPEC
NAVE BUENA SUERTE   260 10/31 WAF/USWC          RNR       ST SHIPPING
GENER8 ANDRIOTIS    280 11/01 RDAM/SPORE        LS$3.6M   TRAFIGURA

MARKET FIXTURES OCTOBER 03, 2017
MARAN THALEIA       275 10/25 CBS/WCINDIA       LS$3.1M   RELIANCE

TAQAH               270 10/14 CBS/VADINAR       RNR       ESSAR
MARAN ATHENA        275 10/24 CBS/SPORE-CHINA   LS$3.775M ST SHIPPING – *LS$4.775M FOR CHINA*
OLYMPIC LADY        260 10/25 BRAZIL/CHINA      WS50      PETROBRAS – *FAILED*
TEXAS               260 10/31 WAF/CHINA         WS59.75   VITOL

HOJO                260 11/04 WAF/SPORE         WS62.5    TRAFIGURA

MARKET FIXTURES OCTOBER 02, 2017
ASTRO CHLOE         270 10/18 S.AFRICA/CHINA    WS52.5    MERCURIA – *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.