Freight Swaps Market Evaluation as of Sep 2th

 

 

Last Update: 21 September 2007 , 1100hrs

Outright

 

SG/JP MR

AG/JP LR1

AG/JP LR2

AG/JP VLCC

AG/SG dty afra

Conti-USAC

Period

TC4

TC5

TC1

TD3

TD8

TC2

flat

9.13

17.47

17.47

17.7 2

10.61

9.97

Sept

217

170

140

57.5

135

168

Oct

227

170

140

76

150

201

Nov

243

189

158

91

160

233

Dec

253

194

164

91

170

248

Q4 (07)

241

184

154

86

160

227

Q1 (08)

241

186

156

82

150

240

Q2(08)

229

178

148

70

153

225

Cal08

231

183.5

153.5

76.5

153.25

231

 

Inter product differential

 

MR/LR1

MR/LR2

LR1/LR2

Period

TC4/TC5

TC4/TC1

TC5/TC1

Sept

47

77

30

Oct

57

87

30

Nov

54

85

30

Dec

59

89

30

Q4 (07)

56.67

87

30

Q1(08)

55

85

30

Q2(08)

51

81

30

Cal08

47.5

77

30

 

Time-Spread    

 

Period/Route

SG/JP MR

AG/JP LR1

AG/JP LR2

AG/JP VLCC

AG/SG dty afra

Conti-USAC

Sep/Oct

-10

0

0

-18.5

-15

-33

Oct/Nov

-16

-19

-18

-15

-10

-32

Nov/Dec

-10

-5

-6

0

-10

-15

Q4/Q1

0

-1.67

-2

4

10

-12.67



Please note that the above freight swaps evaluation are prepared in utmost good faith and are only meant to be used only as a guide and reference only.