SUBSCRIBER NOTE: Platts to amend date ranges for tanker assessments

S&P Global Platts confirms that it will update the date ranges reflected in the fixing windows for its global clean and dirty tanker assessments, owing to changes in the shipping markets. The updated date ranges will be in effect from February 1, 2017.

Platts is updating the date ranges for shipping fixtures as they have changed substantially in recent years as a result of natural changes in shipping flows.

A full table showing the updated fixing window date ranges by geographic region is provided below:

Vessel Class Typical size (dwt) Date range reflected (days forward)

East of Suez Handy-size/MR 25,000-55,000 7-15 LR1 55,000-80,000 7-15 LR2 80,000-120,000 7-21 Aframax 80,000-120,000 10-20 Suezmax 120,000-200,000 10-20 VLCC 160,000-320,000 10-25

EMEA Intermediate 10,000-25,000 5-15 Handy-size/MR* 25,000-55,000 5-15 MR** 25,000-55,000 7-25 LR1 55,000-80,000 7-25 LR2 80,000-120,000 7-25 Panamax 50,000-80,000 7-25 Aframax 80,000-120,000 7-25 Suezmax 120,000-200,000 10-30 VLCC 160,000-320,000 10-35

Americas MR 25,000-55,000 3-10 LR1 55,000-80,000 7-20 Panamax 50,000-80,000 5-20 Aframax 80,000-120,000 5-20 Suezmax 120,000-200,000 7-25 VLCC 160,000-320,000 15-45

*For a European voyage **For voyages from Europe to anywhere else in the world

Platts proposed to amend the date ranges to the clean and dirty tanker assessments on December 6, 2016 (http://platts.com/subscribernotesdetails/21262991)

Please send all further comments or questions to tankers@spglobal.com and pricegroup@spglobal.com.

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make written comments not marked as confidential available upon request.