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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
Mar-31SHINYO KANNIKA2001 260,000 CRUDE IOCAKPO TERMINALPARADIP USD 4450000
Mar-31ROSEY R2011 270,000 CRUDE RELIANCEAGWC INDIA RNR
Mar-31TBN VESSEL0 260,000 CRUDE PETROBRASBRAZILEAST WS 52.5
Mar-31TAJIMARE1996 275,000 CRUDE BORLRAS TANURASIKKA WS 47
Mar-31TAIZAN2002 270,000 CRUDE PTTAGTHAILAND RNR
Mar-31ACHILLEAS2010 260,000 CRUDE UNIPECW AFRICACHINA WS 51.5
Mar-31IRENE SL2004 270,000 CRUDE UNIPECAGCHINA WS 52.5
Mar-31GEORGIOS2009 270,000 CRUDE CHEVTEXAGSINGAPORE WS 50.75
Mar-31BLUE GARNET2011 270,000 CRUDE ST SHIPPINGAGEAST WS 52.75
Mar-31LUXE1999 265,000 CRUDE FORMOSAAGTAIWAN WS 48
Mar-31IOANNA2008 270,000 CRUDE PTTAGTHAILAND WS 51
Mar-31OVERSEAS KILIMANJARO2012 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 6200000
Mar-31SAMCO AMAZON2011 275,000 CRUDE UNIPECHOUND POINTS KOREA RNR
Mar-30ADVENTURE2005 270,000 CRUDE SHELLAGEAST WS 52.5
Mar-30PHOENIX VIGOR2009 270,000 CRUDE IDEMITSUAGJAPAN WS 54
Mar-30ASIAN PROGRESS III2004 270,000 CRUDE SEARIVERAGSINGAPORE RNR
Mar-30NEW RESOURCE2010 270,000 CRUDE CHEVTEXAGYOSU RNR
Mar-30TBN VESSEL0 270,000 CRUDE PETROCHINACARIBSSINGAPORE USD 6200000
Mar-30BW LOTUS2011 270,000 CRUDE CNRAGCHINA RNR
Mar-30NEW DRAGON2010 260,000 CRUDE DAY HARVESTW AFRICACHINA RNR




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