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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-16ATHENIAN SUCCESS2010 260,000 CRUDE UNIPECW AFRICACHINA WS 42
Apr-16DESH VISHAL2009 270,000 CRUDE RELIANCEAGJAMNAGAR WS 42
Apr-16NAVE GALATICA2009 270,000 CRUDE UNIPECCARIBSSINGAPORE USD 3550000
Apr-16KASSOS WARRIOR2000 264,000 CRUDE IOCMA AHMADIVADINAR WS 42.5
Apr-16DALIAN VENTURE2011 270,000 CRUDE RELIANCEAGJAMNAGAR WS 42.5
Apr-15OVERSEAS MULAN2002 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 3350000
Apr-15MAERSK SARA2011 270,000 CRUDE PTTAGTHAILAND WS 41.75
Apr-15TRIKWONG VENTURE2012 270,000 CRUDE UNIPECAGCHINA RNR
Apr-15AS SUWAYQ2012 270,000 CRUDE LITASCOUSGSINGAPORE USD 3350000
Apr-15KAMAKSHI PREM2006 260,000 CRUDE SEARIVERW AFRICAUKC WS 51.5
Apr-15PHOENIX VANGUARD2007 260,000 CRUDE UNIPECW AFRICACHINA WS 42
Apr-15KUN LUN SAN2011 270,000 CRUDE CNOOCAGCHINA WS 41.5
Apr-14SAKURAGAWA2009 270,000 CRUDE IDEMITSUAGJAPAN WS 41
Apr-14CHANG JIANG ZHI GUANG2009 265,000 CRUDE UNIPECAGCHINA RNR
Apr-14ULRIKEN1998 274,000 CRUDE S.OILRAS TANURAONSAN WS 38
Apr-14NAUTILUS2006 270,000 CRUDE SEARIVERAGEAST RNR
Apr-14ATHENIAN GLORY2011 260,000 CRUDE CPCGIRASSOLTAIWAN WS 42
Apr-11SOLANA2010 260,000 CRUDE UNIPECW AFRICACHINA WS 43
Apr-11MARAN CAPRICORN2008 270,000 CRUDE SPCAGSINGAPORE WS 42
Apr-11E MEI SAN2010 270,000 CRUDE CHINESEMINA AL FAHALCHINA RNR





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