Suezmax Market Report – Week of 16-20 October, 2017

RATE ESTIMATES
150 CBS/USG…..W92.5    – STEADY     TCE: $29500
130 CBS/SPORE…LS$2.8M  – STEADY     TCE: $32000
130 WAF/USG…..W87.5    – FIRM       TCE: $17700

130 WAF/UKC-MED.W92.5    – FIRM       TCE: $14800
135 NSEA/TA…..W75      – STEADY     TCE: $16200|
135 S.KERIR/MED.W102.5   – FIRM       TCE: $19150
140 BLKSEA/UKCM.W105     – STEADY     TCE: $22000
130 MED/TA……W72.5    – FIRM       TCE: $14700

**DEMURRAGE**
$35,000 (WAF/US-UKC-MED)

$37,500 (CBS/USG)
$37,500 (BKSEA) {BLACK SEA CLAUSE TO APPLY}

**CARGOES**     

REPSOL      147 ECMEX/SPAIN         END MONTH
MERCURIA    130 CBS/EAST            10/28-30
UNIPEC      150 CBS/CHIRIQUI        11/02-03
TRAFIGURA   130 WAF/UKCM            11/06-07
STATOIL     130 WAF/EAST-WEST       11/10-12
SAHARA      130 WAF/CONT            11/09-10
NEWTON      135 STS MALTA/OPTS      END/ELY
VITOL       130 LIBYA/EAST          11/05-06
REPSOL      130 SKERIR/MED          DNR
UNIPEC      140 NOVO/EAST-UKCM      11/06-07
ST SHIPPING 130 TAMAN/EAST          11/03-05 – WENT OWN VESSEL
ST SHIPPING 130 H.POINT/SKOREA      10/28-30
CLEARLAKE   130 BALTIC/EAST         END/ELY
NEWTON      130 UST LUGA/SPORE      10/30-31
PETROINEOS  130 RDAM/FUJ-SPORE      11/04-05

************
**FIXTURES**
***********************************************************************************************************
VESSEL              CGO DATE LOAD/DISCHARGE    RATE      CHARTERER
MARKET FIXTURES OCTOBER 20, 2017

BACALARIOS          130 11/08 WAF/USG-DURBAN    W80-112.5 BP
FRONT CASCADE       130 11/02 WAF/ECC           WS85      SHELL
R’BURY LINDY B OO   130 11/10 WAF/ECC           WS90      PHILLIPS 66
ALMI SKY            130 11/08 WAF/UKCM-SPORE    WS85-95   ENI
APACHE              130 11/08 WAF/UKCM          WS85      BP

MARKET FIXTURES OCTOBER 19, 2017
NORDIC VEGA         130 10/29 ST.LUCIA/USG      RNR       MERCURIA

UNITED IDEAL        150 10/29 COVENAS/USG       WS87.5    STATOIL
FRONT BRAGE         130 10/28 BULLEN BAY/EAST   LS$2.8M   ST SHIPPING
SEACROSS            130 11/04 WAF/C.MED         WS85      SARAS
GLORYCROWN          130 11/04 WAF/SPAIN         WS82.5    CEPSA
MARAN HERCULES      130 11/05 WAF/SPAIN         WS87.5    CEPSA (RUMOURED STEM TO BE 140KMTS)
SEAPRINCE           130 11/06 MED/INDONESIA     LS$2.7M   VITOL
T SADBERK           140 10/28 NOVO/WCINDIA      LS$2.25M  BPCL
FRONT BALDER        130 10/31 BALTIC/USG-USAC   WS70-72.5 TRAFIGURA
CAPE BELLAVISTA     130 10/30 KLAIPEDA/SPORE    LS$2.725M UML

MARKET FIXTURES OCTOBER 18, 2017
ELENI               130 11/08 BRAZIL/USG
NAUTILUS            130 10/30 WAF/EAST-ARGIE    WS92.5    SHELL – *WS97.5 FOR ARGIE*
TATAKI              135 11/04 CPC/SKOREA-JAPAN  LS$3-3.1M CHEVRON
KAROLOS             135 11/06 CPC/UKCM-WCINDIA  WS107.5   LITASCO – *LS$2.25M – OPTS FOR FEAST AT LS$3.25-3.3M*
FRONT ODIN          140 11/02 NOVO/MED          WS98      GAZPROM
ALEKSEY KOSYGIN     140 11/03 NONO/UKC          WS98      GAZPROM (COA)
MATALA            PC100 10/23 MURMANSK/UKC-MED  WS115-RNR GAZPROM
RIDGEBURY ALINA L   130 10/30 UST LUGA/MALTA    WS75      NEWTON
GODAVARI SPIRIT     135 10/26 MONGSTAD/ECC-USG  WS65-62.5 STATOIL

MARKET FIXTURES OCTOBER 17, 2017

NORDIC LIGHT        150 10/27 ECMEX/UKCM        WS52.5    SHELL
FINESSE             130 11/03 ARGIE/CHINA       WS92.5    PETROCHINA
CAPE BAXLEY         130 10/24 BALTIC/EAST       LS$2.65M  UML

MARKET FIXTURES OCTOBER 16, 2017
MARAN HELEN         150 10/23 USG/EAST          LS$2.6M   REPSOL

RED                 150 10/22 USG/UKCM          WS55      BP
NARMADA SPIRIT      145 10/20 BAHAMAS/SALDANHA  WS52.5    MERCURIA
CAPE BONNY          130 10/30 NIGERIA/UKCM      RNR       LITASCO
NELL JACOB          130 10/26 WAF/SALDANAH BAY  WS100     CHEVRON
MARE SICULUM        130 10/25 MALONGO/DURBAN    WS105     ENGEN
RIO SPIRIT          130 10/23 BALTIC/TA         WS55      BP

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.