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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-17SEA LYNX2004 270,000 CRUDE CHEVTEXAGEAST WS 40.5
Apr-17ASTRO CHLOE2009 270,000 CRUDE SHELLAGSINGAPORE WS 37
Apr-17C NOBILITY2012 270,000 CRUDE CHEVTEXAGYOSU RNR
Apr-17DIAMOND WARRIOR2000 262,000 CRUDE IOCBASRAH OIL TERMINALEC INDIA WS 46
Apr-17DABA2012 275,000 CRUDE CLEARLAKEROTTERDAMSINGAPORE USD 3500000
Apr-17SEAKING2005 280,000 CRUDE CHEVTEXAGUSWC RNR
Apr-17ALTAIR TRADER2005 274,000 CRUDE S.OILAGONSAN WS 38
Apr-17UNIVERSAL PRIME1997 270,000 CRUDE RELIANCEAGJAMNAGAR RNR
Apr-17EVGENIA I2011 270,000 CRUDE PTTAGTHAI WS 41.75
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





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