VLCC Market Report – Week of October 23-27, 2017

RATE ESTIMATES
AG/USG    : 280 X W28.5   – STEADY
WAFR/USG  : 260 X W75     – STEADY
WAFR/EAST : 260 X W72.5   – STEADY
NSEA/SPORE: 270 – LS4.2M  – FIRM

USG/SPORE : 270 – LS4.6M  – FIRM
CBS/CHINA : 270 – LS5.7M  – FIRM

DEMURRAGE
LOADING WEST AFRICA: $42,500 BASIS USG/UKCM : $40,000 BASIS FEAST
LOADING US GULF/CBS: $50,000+/-
LOADING CONT/NSEA..: $40,000+/-

CARGOES

ST SHIPPING VLCC USG/SPORE          11/20-30 – WENT SMAX
UNIPEC      VLCC WAF/CHINA          11/26-28
PETROCHINA  VLCC CBS/EAST           11/27-29
MERCURIA    VLCC WAF/EAST           11/10-12
BP          VLCC WAF/EAST           11/25TH
IOC         VLCC USAN+ERHA/WCINDIA  11/20-25
LITASCO     VLCC STS MALTA/EAST     11/15-18
ST SHIPPING VLCC H.POINT/SKOREA     11/15-17
CLEARLAKE   VLCC H.POINT/EAST       11/29-30

FIXTURES
********************************************************************
VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES OCTOBER 27, 2017
G.C.FUZHOU          270 11/24 USG/SPORE         LS$4.4M   OCCIDENTAL
EAGLE VIRGINIA      270  DNR  USG-CBS/SPORE     LS$4.15M  UNIPEC
GENER8 NAUTILUS     270 11/26 VENEZUELA/WCINDIA RNR       RELIANCE
DHT LOTUS           260 11/23 WAF/CHINA         WS72.5    CHEMCHINA
ATAKA               260 11/24 WAF+WAF/VADINAR   LS$3.1M   IOC
RIDGEBURY PURPOSE   265 11/21 ARZEW/SPORE       LS$2.9M   LITASCO?

MARKET FIXTURES OCTOBER 26, 2017
SHIRAGA             270 10/31 ECMEX/SKOREA      LS$5.35M  GSCALTEX

GENER8 CONSTANTINE  260 11/24 BRAZIL/CHINA      WS66.5    PETROBRAS

MARKET FIXTURES OCTOBER 25, 2017
GENER8 PERSEUS      270 11/25 CBS/EAST          LS$5.35M  PETROCHINA

MAXIM               260 11/16 URUGUAY/EAST      WS70      SHELL
ANTARES VOYAGER     260 11/12 URUGUAY/EAST      WS72.5    SHELL
GENER8 HECTOR       260 11/19 BRAZIL/CHINA      WS66.25   PETROBRAS
LU SAN              260 11/21 WAF/CHINA         RNR       UNIPEC
SEAWAYS EVEREST     260 11/11 WAF/CHINA         WS72.5    DAY HARVEST
SEA LION            260 11/16 S.AFRICA/EAST     WS72.5    MERCURIA
VESSEL TBN          260 11/28 WAF/EAST          WS72.5    TOTAL – M/T MERCURY HOPE?

MARKET FIXTURES OCTOBER 24, 2017
HERCULES I          270 11/25 USG-CBS/SPR-CHINA LS$4.1M   UNIPEC – *LS$5.1M FOR CHINA* 
ATHENIAN GLORY      260 11/17 WAF/CHINA         WS72      UNIPEC
ECO QUEEN           260 11/22 WAF/CHINA         WS71.25   UNIPEC|
PLATA SUNRISE       280 11/15 RDAM/EAST         RNR       TRAFIGURA

MARKET FIXTURES OCTOBER 23, 2017
GHINAH OO           270 11/12 H.POINT/SKOREA    RNR       SHELL

DHT EAGLE           260 11/19 WAF/CHINA         WS69.5    STATOIL
AQUILA              260 11/20 WAF/EAST          WS71      TOTAL
ELLENIS             270 11/12 H.POINT/SKOREA    LS$5.1M   SHELL

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.