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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
Jan-22TEEKAY TBN0 260,000 CRUDE CPCAGTAIWAN WS 71
Jan-22BRIGHTOIL GLORY2012 270,000 CRUDE UNIPECAGCHINA RNR
Jan-22ATHENIAN SUCCESS2010 280,000 CLEAN LITASCOBASRAH OIL TERMINALUSG WS 40
Jan-22DS VALENTINA2000 270,000 CRUDE BAHRIAGRED SEA RNR
Jan-22BRITISH VENTURE2013 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 7650000
Jan-22ATHENIAN VICTORY2009 280,000 CRUDE TOTAL/FINA/ELFBASRAH OIL TERMINALWEST RNR
Jan-21BUKHA2012 280,000 CRUDE BAHRIRAS TANURAUSG WS 36
Jan-21GLOBAL M1998 267,000 CRUDE IOCBASRAH OIL TERMINALPARADIP WS 70
Jan-21OS CONCORD1996 270,000 CRUDE RELIANCEAGWC INDIA RNR
Jan-21POROS2000 270,000 CRUDE UNIPECAGCHINA WS 69
Jan-21MANAH2008 270,000 CRUDE CHEVTEXAGYOSU WS 68.5
Jan-21DS CROWN1999 270,000 CRUDE MERCURIABASRAH OIL TERMINALS KOREA WS 67.5
Jan-21BW BAUHINIA2007 270,000 CRUDE ESSARAGWC INDIA RNR
Jan-21GC HAIKOU2000 280,000 CRUDE S.OILRAS TANURAONSAN WS 64.5
Jan-21BUNGA KASTURI LIMA2007 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 7300000
Jan-20C EXCELLENCY2012 270,000 CRUDE UNIPECAGCHINA WS 70
Jan-20NISALAH2010 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 7250000
Jan-20DS VOYAGER2003 267,000 CRUDE IOCBASRAH OIL TERMINALVADINAR WS 75
Jan-20APOLLONIA2003 280,000 CRUDE BAHRIRAS TANURAUSG RNR
Jan-20SAMCO SCANDINAVIA2006 270,000 CRUDE PETROINEOSROTTERDAMSINGAPORE USD 6250000





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