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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
Aug-28IOANNA2008 260,000 CRUDE BPCLQUA IBOECOCHIN USD 3300000
Aug-28NEW COURAGE2015 270,000 CRUDE UNIPECAGCHINA RNR
Aug-28OLYMPIC LIGHT2011 260,000 CRUDE PETROBRASBRAZILEAST WS 41
Aug-28NEW SOLUTION2009 265,000 CRUDE UNIPECAGCHINA RNR
Aug-28V.K.EDDIE2005 270,000 CRUDE CNRROTTERDAMSINGAPORE USD 4300000
Aug-28SILVER GLORY2001 270,000 CRUDE UNIPECAGCHINA RNR
Aug-28KELLY2000 270,000 CRUDE UNIPECAGPARADIP WS 33
Aug-28DESH UJAALA2005 242,000 CRUDE IOCRAS TANURAPARADIP WS 33
Aug-27GC FUZHOU2014 270,000 CRUDE CNRROTTERDAMSINGAPORE USD 4300000
Aug-27SEA HERO2006 270,000 CRUDE SEARIVERAGSINGAPORE WS 25
Aug-27SARA2011 275,000 CRUDE ST SHIPPINGHOUND POINTHOUND POINT USD 5900000
Aug-27IOANNA2008 270,000 CRUDE PTTAGTHAILAND WS 32.5
Aug-26FRONT QUEEN2009 260,000 CRUDE BP AMOCOW AFRICAUKC WS 46
Aug-26FRONT TBN0 270,000 CRUDE LITASCOBASRAH OIL TERMINALUSG WS 20.5
Aug-26TBN VESSEL0 270,000 CLEAN TRAFIGURAS KOREAW AFRICA USD 2550000
Aug-26FIDA2011 270,000 CRUDE SOCARCEYHAN TERMINALTAIWAN USD 5600000
Aug-26MARBELLA2000 270,000 CRUDE CPCAGTAIWAN WS 29
Aug-26RENE2002 270,000 CRUDE UNIPECAGCHINA WS 29
Aug-26NEW KASSOS2000 265,000 CRUDE PTTAGTHAILAND WS 26.5
Aug-26SEEB2011 270,000 CRUDE CNRAGEAST RNR




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