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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-25ASIAN PROGRESS III2004 270,000 DIRTY IDEMITSUAGJAPAN WS 42.5
Jul-25NEW INSPIRATION2002 264,000 DIRTY IOCBASRAH OIL TERMINALPARADIP WS 50
Jul-25MAERSK HAYAMA2011 270,000 DIRTY CNOOCBASRAH OIL TERMINALCHINA WS 40
Jul-25ATLANTAS2010 280,000 DIRTY MERCURIAHOUND POINTKOREA USD 4400000
Jul-25KOKKARI2008 260,000 DIRTY CNRGHANACHINA RNR
Jul-22DHT SUNDARBANS2012 270,000 DIRTY EXXONMOBILAGSINGAPORE WS 42
Jul-22C.DIGNITY2009 270,000 DIRTY COSMOAGJAPAN WS 42.5
Jul-22XIN PING YANG2001 270,000 DIRTY UNIPECAGCHINA RNR
Jul-22GENER8 ATHENA2015 260,000 DIRTY ST SHIPPINGNORTH SEASINGAPORE RNR
Jul-22HONG KONG SPIRIT2013 280,000 DIRTY BAHRIRAS TANURAUSG WS 24
Jul-21VL PIONEER2014 270,000 DIRTY HYUNDAI OILBANKAGDAESAN RNR
Jul-21DHT CHRIS2001 270,000 DIRTY CHEVTEXAGSINGAPORE RNR
Jul-21ANTONIS I. ANGELICOUSSIS2000 270,000 DIRTY EXXONMOBILAGSINGAPORE WS 42.5
Jul-20XIN JIN YANG2004 270,000 DIRTY UNIPECAGCHINA RNR
Jul-20NEW INSPIRATION2002 270,000 DIRTY HMELBASRAH OIL TERMINALMUNDRA WS 43
Jul-20OLYMPIC LEGEND2003 270,000 DIRTY UNIPECAGCHINA RNR
Jul-20CERIGO2000 260,000 DIRTY IOCIMA TERMINALVADINAR USD 2900000
Jul-20GOOD NEWS1999 270,000 DIRTY HMELBASRAH OIL TERMINALMUNDRA WS 43
Jul-20NEW PEACE2012 270,000 DIRTY UNIPECAGCHINA RNR
Jul-20TBN VESSEL0 270,000 DIRTY PHILLIPS 66BASRAH OIL TERMINALUSG RNR




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