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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
Apr-16SILVER GLORY2001 270,000 CRUDE UNIPECAGCHINA RNR
Apr-16AL DERWAZAH2014 270,000 CRUDE HMELMINA AL AHMADIMUNDRA WS 82
Apr-16FRONT STRATUS2002 260,000 CRUDE ST SHIPPINGW AFRICAJAMNAGAR WS 65
Apr-16TI TOPAZ2002 260,000 CRUDE UNIPECBRAZILEAST WS 62.5
Apr-16DABA2012 270,000 CRUDE RELIANCECARIBSSINGAPORE USD 4950000
Apr-16DALIAN2012 260,000 CRUDE PETROBRASBRAZILEAST WS 58
Apr-16DHT CONDOR2004 270,000 CRUDE EXXONMOBILAGEAST WS 65
Apr-16E MEI SAN2010 270,000 CRUDE DAY HARVESTAGCHINA RNR
Apr-16ATHENIAN SUCCESS2010 260,000 CRUDE MERCURIASOUTH AFRICAEAST WS 65
Apr-15TBN VESSEL0 270,000 CRUDE HMELMINA AL AHMADIMUNDRA WS 85
Apr-15NEW TALENT2009 270,000 CRUDE GLASFORDAGCHINA RNR
Apr-15NEW HARMONY2014 260,000 CRUDE UNIPECW AFRICACHINA RNR
Apr-15ASTIPALAIA2001 260,000 CRUDE IOCW AFRICAPARADIP USD 5550000
Apr-15OMEGA TRADER2011 270,000 CRUDE CHEVTEXAGS KOREA WS 61.75
Apr-15NEW ENTERPRISE2008 270,000 CRUDE GLASFORDAGCHINA RNR
Apr-14TBN VESSEL0 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 5700000
Apr-14MEANDROS2000 270,000 CRUDE SEARIVERAGEAST WS 65
Apr-14KALYMNOS2000 260,000 CRUDE RELIANCEW AFRICAWC INDIA WS 60
Apr-13NEW ANDROS1999 265,000 CRUDE CPCAGTAIWAN RNR
Apr-13PU TUO SAN2011 260,000 CRUDE CPCW AFRICATAIWAN WS 61




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