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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
Oct-30C. DREAM2000 270,000 CRUDE PTTAGTHAILAND WS 60
Oct-30ALFA GLORY1997 267,000 CRUDE IOCBASRAH OIL TERMINALVADINAR WS 81
Oct-29HABRUT2012 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 6250000
Oct-29XIN TONG YANG2009 260,000 CRUDE UNIPECW AFRICACHINA RNR
Oct-29ARAGONA2012 275,000 CRUDE RELIANCECARIBSWC INDIA RNR
Oct-29NAVE CELESTE2003 270,000 CRUDE HYUNDAI OILBANKAGS KOREA RNR
Oct-29SAMCO SUNDARBANS2012 270,000 CRUDE ESSARCARIBSVADINAR USD 5150000
Oct-29FRONT ARIAKE2001 270,000 CRUDE GLASFORDAGCHINA WS 62.5
Oct-28NAVARIN2007 270,000 CRUDE GLASFORDAGCHINA WS 56
Oct-28NAVE BUENA SUERTE2011 265,000 CRUDE HMMYANBUONSAN RNR
Oct-28TAI HUNG SAN2010 265,000 CRUDE DAY HARVESTAGCHINA RNR
Oct-28C SPIRIT2013 270,000 CRUDE CHEVTEXAGS KOREA WS 53
Oct-28OLYMPIC LEGEND2003 280,000 CRUDE CHEVTEXAGUSWC WS 54
Oct-28SANDRA2011 270,000 CRUDE UNIPECW AFRICACHINA WS 55
Oct-28SAHAM2010 270,000 CRUDE CHEVTEXAGSINGAPORE WS 57.5
Oct-28PROGRESS2000 270,000 CRUDE HMELRAS TANURAMUNDRA WS 70
Oct-28TBN VESSEL0 270,000 CLEAN IDEMITSUAGJAPAN WS 54
Oct-28TBN VESSEL0 280,000 CRUDE ESSARCARIBSWC INDIA USD 5200000
Oct-28FRONT FORCE2004 260,000 CRUDE UNIPECW AFRICACHINA WS 55
Oct-28DS CHIEF1999 260,000 CRUDE PETROBRASBRAZILWC INDIA WS 54





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