05 Jan 2010 | 05:24 UTC — New York

Switch to 2010 Worldscale rates from January 4

Effective January 4, 2010, Platts is assessing all tanker Worldscale rates on a 2010 Worldscale flat rate basis.

Any fixtures concluded using a 2009 flat rate will be normalized to 2010.

For a copy of the spreadsheet used in the normalization process, please contact tankers@platts.com with a cc to pricegroup@platts.com.