SUBSCRIBER NOTE: Platts to discontinue Latin America-USWC Panamax assessment

S&P Global Platts confirms it will discontinue the Latin America-US West Coast Panamax assessment for dirty tankers, effective July 3, 2017.

Platts proposed to discontinue this assessment on November 30, 2016. http://www.platts.com/subscribernotesdetails/21208147

Platts will carry out this discontinuation due to changes in the underlying market that have led to a significant drop in liquidity on the assessed route. Data from cFlow trade flow software shows only 14 Panamax vessels traveled the above routes during the period from September 1, 2014 to November 5, 2016.

The assessment will no longer be published in the Dirty Tankerwire or on the PGT-MH1962 fixed page. The corresponding symbols for the cargo size (PFBAHSZ), Worldscale (PFBAH00) and $/mt (TDADI00) values will also be discontinued.

Please send all further comments or questions to tankers@platts.com and pricegroup@platts.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 comments not marked as confidential available upon request.