VLCC Market Report – Week of November 13-17, 2017

RATE ESTIMATES
AG/USG    : 280 X W26.25  – SLIDING
WAFR/USG  : 260 X W72.25  – STEADY-ISH
WAFR/EAST : 260 X W70.5   – STEADY-SIH
NSEA/SPORE: 270 – LS4.0M  – STEADY-ISH

USG/SPORE : 270 – LS4.15M – STEADY
CBS/CHINA : 270 – LS5.25M – STEADY

DEMURRAGE
LOADING WEST AFRICA: $40,000 BASIS USG/UKCM : $35,000 BASIS FEAST
LOADING US GULF/CBS: $45,000+/-
LOADING CONT/NSEA..: $40,000+/-

CARGOES
ESSAR       VLCC ECMEX/WCINDIA      12/05-10
UNIPEC      VLCC WAF/CHINA          12/19-21
TOTAL       VLCC WAF/EAST           12/15-17 – ALSO LOOKING SUEZMAX

FIXTURES
********************************************************************
VESSEL              CGO  DATE LOAD/DISCHARGE     RATE      CHARTERER
MARKET FIXTURES NOVEMBER 17, 2017
NO FRESH FIXTURES…

MARKET FIXTURES NOVEMBER 16, 2017
BLUE NOVA           260 12/16 S.AFRICA/CHINA    WS70      MERCURIA

DS VENTURE          260 12/15 WAF/CHINA         RNR       UNIPEC
MARAN CYGNUS        260 12/11 WAF+WAF/ECINDIA   LS$3.375M IOC
BRITANIS            260 12/14 WAF/EAST          O/P       UML
FRONTLINE TBN       280 12/01 RDAM/SPORE        LS$3.65M  VITOL

MARKET FIXTURES NOVEMBER 15, 2017
XIN TONG YANG       270 12/06 CBS/CHINA         RNR       PETROCHINA
CARIBBEAN GLORY     260 12/06 WAF/CHINA         WS71      PETROINEOS
DHT BAUHINA         270 12/08 H.POINT/SKOREA    LS$5.2M   CLEARLAKE – *FAILED*

MARKET FIXTURES NOVEMBER 14, 2017
NEPTUNE             270 12/03 CBS/CHINA         RNR       PETROCHINA
PANTANASSA          260 12/07 URUGUAY/CHINA-WCI RNR       SHELL
FRONT DUKE OO       260 12/17 WAF/CHINA         WS70.5    UNIPEC
FRONT CECILE 00     260 12/17 WAF/CHINA         WS70      UNIPEC
DHT LOTUS           260  DNR  WAF/CHINA         WS72.5    CHEMCHINA
FRONT STRATUS       280 12/08 SKERIR/RDAM       WS67      BAHRI

MARKET FIXTURES NOVEMBER 13, 2017
MERCURY HOPE        260 12/06 BRAZIL/FEAST      WS67      PETROBRAS

DHT AMAZON          260 12/08 WAF/EAST          O/P       TOTAL
SKOPELOS            260 12/08 WAF+WAF/VADINAR   LS$3.185M IOC
FRONT ENDURANCE     260 12/14 WAF/WCINDIA-EAST  WS74.5    TOTAL – *WS69.5 FOR EAST RANGES*
DS VALENTINA        270 12/06 ARZEW/FEAST       LS$4.25M  LORD ENERGY

LAST FRIDAYS FIXTURES
JALADI              270 12/06 USG/SPORE         LS$4.35M  PETROCHINA

BUNGA KASTURI ENAM  270 12/04 CBS/EAST          LS$4.35M  UNIPEC
APOLYTARES          260 11/29 URUGUAY/CHINA     RNR       SHELL
SARA                260 12/05 WAF/EAST          O/P       TOTAL
VOYAGER I           260 12/06 WAF/EAST          WS70      STATOIL
OLYMPIC TROPHY      260 11/28 WAF/CHINA         WS72      UNIPEC

 

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.