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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
Aug-25TBN VESSEL  270,000 DIRTY RELIANCEKHARG IS.SIKKA WS 47
Aug-25OLYMPIC LEOPARD2011 260,000 DIRTY PETROBRASBRAZILSINGAPORE WS 37.25
Aug-25IZKI2012 270,000 DIRTY CHEVTEXEC MEXICOYOSU RNR
Aug-25DALIAN2013 260,000 DIRTY UNIPECW AFRICACHINA WS 40
Aug-25KALAMOS2000 260,000 DIRTY IOCERHA FPSOVADINAR USD 2120000
Aug-25POROS2000 260,000 DIRTY SOCARCEYHAN TERMINALSINGAPORE RNR
Aug-24ANDROMEDA VOYAGER2005 260,000 CRUDE SHELLBRAZILEAST WS 32
Aug-24MARAN THALEIA2011 270,000 CRUDE CHEVTEXAGYOSU WS 32.5
Aug-24SEAKING2005 270,000 CRUDE TESOROMA FAHALUSWC WS 36.5
Aug-24SEA LION2003 260,000 CRUDE PETROBRASBRAZILEAST WS 35.5
Aug-24DHT PANTHER2016 270,000 CRUDE SK ENERGYAGS KOREA WS 32.5
Aug-24CAESAR2009 270,000 CRUDE CHEM CHINAMA FAHALCHINA WS 36
Aug-24NEW TRIUMPH2015 260,000 CRUDE CNOOCW AFRICACHINA RNR
Aug-23DESH VIBHOR2015 260,000 CRUDE HPCLW AFRICAWC INDIA RNR
Aug-23LUXE1999 270,000 CRUDE EXXONMOBILAGEAST WS 35
Aug-23OLYMPIC LION2010 270,000 CRUDE RELIANCERAS TANURAJAMNAGAR WS 37
Aug-23GOOD NEWS1999 270,000 CRUDE HMELRAS TANURAMUNDRA RNR
Aug-23GREEK WARRIOR2000 270,000 CRUDE HMELBASRAH OIL TERMINALMUNDRA RNR
Aug-23HABARI2008 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 2500000
Aug-23NEW TINOS1999 270,000 CRUDE POWERPLUSBASRAH OIL TERMINALQINGDAO WS 45




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