VLCC Market Report – Week of 9-13 October, 2017

RATE ESTIMATES
AG/USG    : 280 X W26.5   – STEADY
WAFR/USG  : 260 X W70     – FIRM
WAFR/EAST : 260 X W67.5   – FIRM
NSEA/SPORE: 270 – LS3.8M  – FIRM

USG/SPORE : 270 – LS4.2M  – FIRM
CBS/CHINA : 270 – LS5.0M  – FIRM

DEMURRAGE
LOADING WEST AFRICA: $40,000 BASIS USG/UKCM : $37,500 BASIS FEAST
LOADING US GULF/CBS: $42,500
LOADING CONT/NSEA..: $35,000

CARGOES
SHELL       VLCC URUGUAY/EAST       11/02-04
DAY HARVEST VLCC WAF/CHINA          11/09-13
TOTAL       VLCC WAF/EAST           11/14TH

FIXTURES
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VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES OCTOBER 13, 2017
SHIRAGA             270 10/26 CBS/CHINA         LS$4.9M   GLASFORD

HUDSON              270 11/03 CBS/JAMNAGAR      O/P       RELIANCE

MARKET FIXTURES OCTOBER 12, 2017
HOJO                270 11/15 ECMEX-USG/JAPAN   LS$5.35M  JX
BAHRI TBN           270 11/10 CBS-USG/SPORE     LS$4.1M   UNIPEC
C.DREAM             270 11/07 CBS/VADINAR       LS$3.2M   ESSAR – *VESSEL 17 YEARS OLD*
DHT EAGLE           260 11/03 WAF/CHINA         WS63.5    ENI

C.PROGRESS          260 11/09 WAF/ECINDIA       LS$3.41M  IOC
BRIGHTOIL GEM       260 11/09 WAF/CHINA         WS66.5    CNOOC
MARAN CAPRICORN OO  260 11/08 SALDANHA BAY/EAST WS70      MERCURIA    
MARITIME JEWEL      260 11/04 WAF/EAST          WS63.5    STATOIL – *VESSEL 17 YEARS OLD*
BRIGHTOIL GRAVITY   260 11/11 WAF/CHINA         RNR       UNIPEC
YIANGOS             260 11/10 WAF/EAST          WS65.5    PETROINEOS

MARKET FIXTURES OCTOBER 11, 2017
LEO VOYAGER         270 10/11 USG/ULSAN         LS$4.85M  SKE

MARAN AJAX          270 11/19 ECMEX/SKOREA      LS$5.05M  HOB
BAHRI TBN           260 11/11 WAF/CHINA         RNR       UNIPEC

MARKET FIXTURES OCTOBER 10, 2017
AMJAD 00 SHAYBAH    270 11/24 USG/SPORE         LS$3.65M  UNIPEC

SHAYBAH OO NIBAN    270 11/22 ECMEX/DAESAN      RNR       HOB – *FAILED*
SHINYO KANNIKA      260 11/09 WAF+WAF/PARADIP   LS$2.925M IOC – *FAILED*

MARKET FIXTURES OCTOBER 09, 2017
ATROMITOS           260 11/02 URUGUAY/CHINA     RNR       SHELL

NEW SOLUTION        260 10/27 WCPANAMA/NINGBO   LS$2.65M  UNIPEC
NEW VICTORY         260 11/04 WAF/CHINA         RNR       UNIPEC
NEW MERIT           260 11/01 WAF/CHINA         COA       UNIPEC
NEW TALISMAN        260 10/27 WAF/CHINA         COA       UNIPEC
SEAWAYS SAKURA      270 10/16 RDAM/SPORE        LS$3.775M TRAFIGURA?

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.