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Markets > Market Reports > VLCC > Average earnings declined by 10% w-o-w this week... Archive:
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Average earnings declined by 10% w-o-w this week...

17 December 2012

VLCC supply in the MEG remains relatively tight. However, the cargo count for December has been somewhat lower than expected, which has prevented rates from making any headway. This week, the rate on the Gulf-Japan route fell to WS 46.5, while overall, average VLCC earnings declined by 10% w-o-w to $21,377/day.

Latest VLCC Fixtures
DateNameBuiltCargoChartererLoadDischargeRate
Jul-28NAVE NEUTRINO2003 270,000 CRUDE GLASFORDAGCHINA WS 65
Jul-28ASIAN PROGRESS V2006 270,000 CRUDE MITSUBISHIAGJAPAN RNR
Jul-28PLATA SUNRISE1999 270,000 CRUDE UNIPECAGCHINA RNR
Jul-28SAHBA2009 270,000 CRUDE RELIANCECARIBSWC INDIA RNR
Jul-27MESDAR2007 270,000 CRUDE UNIPECAGCHINA WS 69.5
Jul-27DS VISION2011 270,000 CRUDE UNIPECAGCHINA RNR
Jul-27NECTAR2008 270,000 CRUDE PETROCHINACARIBSEAST RNR
Jul-27BUNGA KASTURI DUA2005 280,000 CRUDE SHELLAGEAST WS 69.5
Jul-27ELIZA2008 267,000 CRUDE IOCBASRAH OIL TERMINALWC INDIA WS 105
Jul-27SAMCO SUNDARBANS2012 270,000 CRUDE RELIANCECARIBSWC INDIA RNR
Jul-27HELLAS2005 270,000 CRUDE PETROCHINACARIBSEAST RNR
Jul-27DESH VAIBHAV2005 270,000 CRUDE UNIPECAGCHINA WS 69.5
Jul-27XIN YONG YANG2010 270,000 CRUDE UNIPECAGCHINA RNR
Jul-27ATLANTAS2010 270,000 CRUDE HMELRAS TANURAMUNDRA WS 95.5
Jul-27XIN PING YANG2001 270,000 CRUDE UNIPECAGCHINA RNR
Jul-27ABBY2010 270,000 CRUDE RELIANCEAGWC INDIA WS 90
Jul-24APOLYTARES2009 260,000 CRUDE BPCLQUA IBOECOCHIN USD 5250000
Jul-24TAI HUNG SAN2010 270,000 CRUDE CHINESEAGCHINA RNR
Jul-24NEW WISDOM2011 270,000 CRUDE CNRJOSE TERMINALEAST RNR
Jul-24VOSS SPIRIT2010 280,000 CRUDE BAHRIRAS TANURAYANBU RNR




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