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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
Sep-18OVERSEAS TANABE2002 280,000 CRUDE SEARIVERRAS TANURAUSG WS 19
Sep-18FRONT SCILLA2000 270,000 CRUDE UNIPECMA FAHALCHINA WS 38
Sep-18NEW PROGRESS1994 129,000 CRUDE BORLMA AHMADISIKKA WS 65
Sep-18DHT FALCON2006 253,000 CRUDE IOCRAS LAFFANWC INDIA WS 38
Sep-18YANGTZE STAR2011 260,000 CRUDE UNIPECANGOLACHINA RNR
Sep-18MESDAR2007 270,000 CRUDE UNIPECAGCHINA WS 37.5
Sep-18MARAN TRITON2003 270,000 CRUDE LUKOILCARIBSWC INDIA USD 4925000
Sep-17COSRICH LAKE2011 270,000 CRUDE CHINESEAGCHINA RNR
Sep-17LUCKY TRADER2000 260,000 CRUDE TRAFIGURAW AFRICAEAST WS 46
Sep-17PRIDE2000 270,000 CRUDE CNRBASRAH OIL TERMINALEAST RNR
Sep-17KALYMNOS2000 260,000 CRUDE UNIPECW AFRICACHINA WS 44
Sep-17UNIVERSAL PRIME1997 270,000 CRUDE SEARIVERAGUSG RNR
Sep-17MARAN REGULUS2000 270,000 CRUDE PTTAGTHAILAND WS 38
Sep-17COSGLAD LAKE2011 270,000 CRUDE CHINESEAGCHINA RNR
Sep-17NEW PROSPECT2009 260,000 CRUDE CPCW AFRICATAIWAN WS 43.5
Sep-17DALIAN VENTURE2011 270,000 CRUDE GLASFORDAGCHINA RNR
Sep-16KIMOLOS1998 250,000 CRUDE IOCBONNYPARADIP USD 3680000
Sep-16SAFWA2002 270,000 CRUDE RELIANCECARIBSSIKKA RNR
Sep-16E MEI SAN2010 260,000 CRUDE CHEMOILW AFRICACHINA WS 46
Sep-16ARMADA ULYSSES1999 265,000 CRUDE PTTAGTHAILAND WS 38





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