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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-21XIN NING YANG2005 265,000 CRUDE UNIPECAGCHINA RNR
Aug-21EVGENIA I2011 260,000 CRUDE UNIPECW AFRICACHINA WS 53.5
Aug-21COSGOLD LAKE2011 265,000 CRUDE UNIPECAGCHINA RNR
Aug-21BRITISH VANTAGE2014 270,000 CRUDE UNIPECSKAWCHINA USD 5750000
Aug-21NEW PROGRESS1994 272,000 CRUDE IOCMA AHMADIVADINAR WS 56
Aug-21YUAN YANG HU2010 265,000 CRUDE UNIPECAGCHINA RNR
Aug-21YIANGOS2010 265,000 CRUDE UNIPECAGCHINA RNR
Aug-20ELIZABETH M2010 270,000 CRUDE RELIANCEAGSIKKA RNR
Aug-20BW UTAH2001 260,000 CRUDE PETROBRASBRAZILEAST WS 53
Aug-20SHOSHONE SPIRIT2010 270,000 CRUDE CNRAGTAIWAN WS 50
Aug-20BRIGHTOIL GRACE2012 270,000 CRUDE GLASFORDAGCHINA WS 54
Aug-20SARA2011 270,000 CRUDE PTTAGTHAILAND WS 54
Aug-20IOANNA2008 270,000 CRUDE PTTAGTHAILAND WS 56
Aug-19ASTRO CHALLENGE2002 270,000 CRUDE CHEVTEXAGSINGAPORE WS 54
Aug-19MILTIADIS JUNIOR2014 270,000 CRUDE SHELLAGEAST WS 53.75
Aug-19ANTARES VOYAGER2012 270,000 CRUDE CORE PETROLEUMWC PANAMACHINA USD 3300000
Aug-19NAVE GALACTIC2009 280,000 CRUDE S.OILRAS TANURAONSAN WS 49.75
Aug-19BUKHA2012 280,000 CRUDE SEARIVERAGWEST RNR
Aug-18NEW PARADISE2010 260,000 CRUDE BRIGHTOILANGOLATAIWAN WS 54.5
Aug-18FRONT EMINENCE2009 260,000 CRUDE RELIANCE JAMNAGAR USD 4400000





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